Hotel Development Opportunity

00 Holiday Lane, Cornelius, NC 28031,
APN: 00338106

Hotel Development Opportunity

Cornelius, North Carolina

The Charlotte metropolitan area remains one of the fastest-growing and most stable lodging markets in the U.S. This hotel site is strategically positioned in a prime, high-activity area near Lake Norman, the largest man-made lake in North Carolina. Its location offers excellent connectivity to Charlotte’s thriving business, entertainment, and retail hubs.

Charlotte is one of the Southeast’s most vibrant metropolitan areas and serves as the third-largest financial center in the U.S., hosting major banking institutions and Fortune 500 companies. Hotel performance in this market has seen robust growth, driven by increasing business travel, group meetings, and a strong return of corporate travelers.

This property is ideally situated along a highly trafficked corridor of I-77, offering excellent visibility and exposure. Its location at Exit 28 provides excellent ingress and egress, enhancing accessibility for travelers. The site presents a rare opportunity for hotel development within a rapidly expanding community surrounded by residential, retail, and recreational amenities.

Site Details

Address

00 Holiday Lane
Cornelius, NC 28031

Parcel ID

APN 00338106

Size

3.049 Acres (approximate, confirm in due diligence)

Pricing

$1,500,000 ($491,965/arce)

Zoning Details – Town of Cornelius

HIGHWAY COMMERCIAL (HC)

The Highway Commercial District is coded to provide for the location of auto-oriented and auto-dependent uses and/or those uses which have a definable market area which extends beyond the scale of the neighborhood, village or town center. The intent of these provisions is to facilitate convenient access, minimize traffic congestion and reduce visual clutter along certain designated commercial corridors in the vicinity of the I-77 Exit 28 Interchange and Statesville Road (US-21).

Permitted By Right (confirm in due diligence):

  • Commercial Retail & Service Uses (0-49,999 sq. Ft.)
  • Hotel/Hospitality (with conditions)
  • Multi-Tenant Commercial
  • Office
  • Restaurant(S) – Non-Drive Through

Local Demand Drivers

Lake Norman (2 miles): The largest recreational lake in the state attracts year-round visitors for boating, fishing, and events.

Downtown Cornelius (1 mile): A vibrant district with restaurants, boutique shopping, and cultural attractions.

Charlotte (18 miles): With corporate headquarters, sports arenas, and cultural venues, Charlotte is a key driver of regional demand.

Davidson College (3 miles): A prestigious liberal arts college drawing a steady flow of students, families, and visitors.

Cornelius Business Parks (0.5 miles): Home to a growing number of regional businesses and employers, boosting corporate travel demand.

Investment Highlights

This property presents a compelling opportunity for hotel developers seeking a site in a dynamic market with strong leisure, corporate, and event-driven demand. With easy access to major highways, proximity to Lake Norman, and the economic vitality of the Charlotte region, this site is well-positioned for a successful hotel development.

For more details or to schedule a site tour, please contact us directly.

Key Economic Drivers

  • Tourism: Lake Norman is a top regional destination, attracting leisure travelers and event attendees.
  • Corporate Presence: Cornelius and nearby Davidson are home to an expanding base of businesses, from tech startups to manufacturing hubs.
  • Transportation Access: Close to I-77 and within 25 minutes of Charlotte Douglas International Airport.
  • Education: The nearby Davidson College and strong public school system elevate the area’s overall appeal.

2023 Demographics

Population
2 miles 5 miles 10 miles
2020 Population 27,111 85,033 282,087
2024 Population 27,300 87,383 305,232
2029 Population Projection 28,752 93,429 336,157
Annual Growth 2020-2024 0.20% 0.70% 2.00%
Annual Growth 2024-2029 1.10% 1.40% 2.00%
Median Age 42.9 42.4 40.7
Bachelor’s Degree or Higher 51% 54% 48%

Location

Population

Advisors

Brokerage team

Erin Zitelli-Davis

C: 704 989 3500
Erin@Lodging-Partners.com

Hotel Development Opportunity

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