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Property profile & analytics
OFF-MARKET
Commercial real estate

612 Main W St Locust, NC 28097-9712

8,400 SF 0.57 ac lot Built 1954
Individually Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US53-1373302
Property summary
AI-generated overview

This exceptional retail property, located at 612 W Main Street in Locust, NC, presents a unique investment opportunity. The building, constructed in 1954, boasts approximately 8,400 square feet of space and sits on a half-acre lot. Its prominent stone front and concrete block construction provide a solid foundation for a variety of businesses. A large, attractive glassed storefront window ensures excellent visibility for potential customers. Currently operating as an antique store under a month-to-month lease, this property offers immediate income potential or the chance to implement your own business vision. The location is highly desirable, situated just 12 miles from I-485, providing easy access to a larger regional market. Benefit from the high traffic volume, with an estimated 28,000 vehicles passing daily. This property is ready for immediate occupancy and offers significant potential for growth and return on investment. Showings are by appointment only. The asking price is $650,000. Don't miss this chance to own a piece of Locust's thriving commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1954
Total area 8,400 SF
Lot 0.57 ac (24,829 SF)
Zoning code HC
APN 557503212780
UPID US53-1373302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Carousel Horse Antiques Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Suzanne Furr · 22 yrs held
Suzanne Furr
since 2004
3 recorded transactions
2004
$113,500
2004
Price N/A
1969
Price N/A
Zoning & alternative use
HC · Locust, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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