Prime development opportunity with this +/- .31 acre lot zoned R17MF, perfect for multifamily housing in a rapidly evolving area of The Derita Community. Located adjacent to Walgreens and Derita Presbyterian Church, this lot offers excellent visibility and accessibility. Just minutes from Uptown Charlotte via Graham Street and within walking distance to the proposed Future Red Line Light Rail, this site is ideally positioned for long-term growth and investment. City Water, Sewer, and Electrical are conveniently located nearby, making development more seamless. Whether you're considering townhomes, duplexes, or other medium-density residential options, this lot offers tremendous potential in a high-demand market. Don’t miss out on this rare chance to develop in a location that blends neighborhood charm with urban convenience.