Financial
Distress signals
Property profile

612 Main W St Locust, NC 28097

OFF-MARKET
Commercial real estate
Property ID
US53-1373302
8,400 SF 0.57 ac lot Built 1954
Last sale Mar 2004 · $113,500
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$259k
Assessed land$168k
Assessed improvement$91k
Effective rate1.09%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
County average, outlier-cleaned · 105 recorded sales of this use type
Observed band · Q1–Q3$59 – $202

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HC
The purpose of HC zone is to provide primarily for auto dependent uses in areas less amenable to easy pedestrian access and a comfortable...
General categoryCOMMERCIAL
JurisdictionSTANLY

Location intelligence

Which uses thrive at this corner?
Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel6.4
Department Store5.8
Kitchen & Bath8.3

Location

612 Main W St Locust, NC 28097-9712
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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