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Hotel-Motel

Hotel Development Site

Lake Cornelius Blvd, Davidson, NC 28036

Listing Price: $3,500,000

Lot Size
3.16 acres
Price/Acre
$1,107,595
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to offer for sale the 3.168 acre development parcel. The subject parcel has been pre-approved by Hilton, Marriott, IHG, and Hyatt for a property with 130 +/- units.

Investment Highlights

  • Historical plans called for a 130-unit Element by Marriott with a rooftop bar and meeting space
  • Prime lakefront development opportunity on Lake Norman located in Davidson, North Carolina
  • Situated in a high-growth Charlotte metro area, benefiting from strong demographic trends & economic expansion
  • Directly off I-77, strong visibility and ease of access, connecting the site to major employment centers and the Charlotte Douglas International Airport
  • High barrier to entry market in a highly desirable location, Lake Norman is a top recreational destination with over 520 miles of shoreline
  • Parcel has been pre-approved by Hilton, Marriott, IHG, and Hyatt for a property with 130 +/- units.

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Joce Messinger

    Senior Director Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Hotel-Motel

Hotel Development Site

Listing Price: $3,500,000

Lot Size
3.16 acres
Price/Acre
$1,107,595
Land Type
Land

Investment Highlights

  • Historical plans called for a 130-unit Element by Marriott with a rooftop bar and meeting space
  • Prime lakefront development opportunity on Lake Norman located in Davidson, North Carolina
  • Situated in a high-growth Charlotte metro area, benefiting from strong demographic trends & economic expansion
  • Directly off I-77, strong visibility and ease of access, connecting the site to major employment centers and the Charlotte Douglas International Airport
  • High barrier to entry market in a highly desirable location, Lake Norman is a top recreational destination with over 520 miles of shoreline
  • Parcel has been pre-approved by Hilton, Marriott, IHG, and Hyatt for a property with 130 +/- units.

Investment Overview

Marcus & Millichap is pleased to offer for sale the 3.168 acre development parcel. The subject parcel has been pre-approved by Hilton, Marriott, IHG, and Hyatt for a property with 130 +/- units.

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Joce Messinger

    Senior Director Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Broker of Record

  • Donald Gilchrist

    Senior Director Investments

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

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