Cultivate NoDa

Cultivate NoDa

Charlotte, NC
Available
  • Property Type: Development/Land
  • Property Size: / 16.7 Total | 9.0 Developable Acres / ±800 Units Sites

Overview

Capstone Land Sales is pleased to present the exclusive listing, Cultivate NoDa. The ±16.70-acre (±9.00 developable acres) land site is located in the NoDa Arts District of Charlotte, North Carolina, one of the fastest growing rental submarkets in Charlotte. The site also falls within one of only two Qualified Opportunity Zones in the Charlotte MSA, providing future ownership with a variety of ideal development options and incentives. Developers have taken notice of the explosive growth within NoDa and have begun construction on multiple expansive mixed-use projects to provide residents with even more entertainment outlets. This submarket has seen a higher-than-market rent growth in the immediate area for luxury, Class A assets, while still offering residents slightly discounted rental rates relative to the areas of Uptown and South End. Located off North Tryon Street and a short walk to the Lynx Blue Line Rail Station, future residents will benefit from enhanced connectivity to Uptown Charlotte and have easy access to I-85 and I-77. Cultivate NoDa also benefits from its proximity to an abundance of employers, economic demand drivers, Class A retail, and lifestyle amenities. Cultivate NoDa is an outstanding opportunity to develop a multi-family community in the rapidly growing Charlotte MSA. 

Investment Highlights

  • Exceptional Location in the Expanding NoDa Neighborhood
  • Surrounded by Ongoing Development
  • Ideally Located in a Qualified Opportunity Zone
  • Favorable Renter Demographics in a Booming Submarket
  • Proximity to an Abundance of Demand Drivers

Contact Information

Eric Liebich Director P: 248.225.3706
O: 800.746.3175 ext. 7030
eric@capstone-companies.com
Ron Corrao Managing Director P: 757.749.6994
O: 800.746.3175 ext. 7012
ron@capstone-companies.com
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 7006
adam@capstone-companies.com
Jared Alcorn Investment Sales Advisor P: 540.553.2210
O: 800.746.3175 ext. 7034
jalcorn@capstone-companies.com
Travis Cundiff Investment Sales Advisor P: 919.601.3119
O: 800.746.3175 ext. 7092
tcundiff@capstone-companies.com
Jourdan Sullivan, MAI Investment Sales Advisor P: 903.450.3898
O: 800.746.3175 ext.749
jsullivan@capstone-companies.com
Matt Weinstein Investment Sales Advisor P: 703.987.0236
O: 800.746.3175 ext. 7032
w.matt@capstone-companies.com
Bryse Toothaker Managing Director P: 773.802.1726
O: 800.746.3175 ext. 7003
bryse@capstone-companies.com
Charlie Rimkus Director P: 949.923.5542
O: 800.746.3175 ext. 7084
crimkus@capstone-companies.com