3206 S Tryon Street, Charlotte, NC

The intersection of South Tryon Street and Herman Avenue represents a pivotal opportunity for transit-oriented development within two miles of Uptown Charlotte. This 0.63-acre infill corner lot is currently zoned for light industrial use, yet it sits within a corridor where the city actively encourages rezoning toward multifamily, hospitality, or mixed-use projects. Such a transition is supported by a significant projected 12 percent growth in both population and household income through 2030, a metric that underscores the area’s long-term resilience. Situated 800 yards from the Newburn Light Rail Station and exposed to a daily traffic count exceeding 20,000 vehicles, the site benefits from favorable parking reductions that significantly maximize buildable potential. For the strategic investor, the availability of flexible terms, including potential financing with 50 percent down, provides a measured entry into one of the city's most critical growth arteries. Inquiries regarding acquisition or the rezoning landscape may be directed to Peters & Associates for a private consultation.

About the home

Rare 0.63-acre infill corner lot just 2 miles from Uptown Charlotte, located at the high-visibility intersection of South Tryon Street & Herman Avenue. The property offers 47' of frontage along South Tryon and 43' along Herman, with exposure to 20,000+ daily drivers. Currently zoned light industrial, the City of Charlotte is open to rezoning for multifamily, mixed-use, retail, office, or hospitality uses, with reduced parking requirements that may maximize buildable area. The trade area is projected to see approximately 12% population and income growth through 2030, supported by strong household incomes and continued demand for new development. Newburn Light Rail Station is approximately 800 yards away, creating an opportunity for transit-oriented development aligned with Charlotte's long-term growth and 2040 vision. Seller offers flexible terms, including the potential to sell subject to rezoning and attractive financing with 50% down. A rare commercial infill opportunity with proximity to Uptown, major transportation, and light rail.

Price in context

• 27th highest asking price of 414 active $1.5M+ homes in Charlotte.
• No price changes since it was listed.
• 43 days on the market, listed 2026-07-17.
• County tax assessment $877,100; the asking price is 4.56× the assessed value.

Location

Straight-line distances

• Uptown Charlotte: 2.7 mi
• Wilson Air Center (private aviation, CLT): 3.2 mi
• Charlotte Douglas International Airport: 4.0 mi
• SouthPark Mall: 4.1 mi
• Charlotte Country Club: 4.5 mi
• Quail Hollow Club: 6.5 mi

Assigned schools

• Elementary: Park Road
• Middle: Sedgefield
• High: Myers Park

School assignments come from the listing and can change; confirm with the district.

Features

View

City

Lot

Cleared, Corner Lot, Open Lot

County

Mecklenburg

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• 2013 Victorian Place, Charlotte — $1,574,000, 4 bd, 3,464 sq ft, 1.2 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.