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Location, Location, Location, Bring your own builder to this, No HOA, prime .12 acre building lot which is approved for an ADU (Accessory Dwelling Unit) and will have city water/sewer hookup. Located just steps to the Cain Center for the Arts, downtown Cornelius is on the precipice of renewal and growth; the town of Cornelius has just released it's draft of the 2050 Downtown Master plan.(https://www.cornelius.org/government/departments/planning_/downtown_master_plan/index.php) At the heart of the plan is a Central Civic Plaza, where the police station would be relocated creating amixed-use development area that is anchored by a centralized civic plaza that will complement the Cain Center and Oak Street Mill. In addition Catawba Street will be reimagined to allow for street festivals anchored by Mills Market, a commercial/residential 5 story building with 12,000 sq. ft. of commercial space, https://cornelius.org/government/departments/planning_/projects/development_projects/mills_market.php. The Oak Street Market is currently being renovated, plans include new commercial/restaurant/brewery space as well..Please see terms for Town of Cornelius REZ 04-25 which is attached.Tax value currently showing $0 has property has not been assessed yet.