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    123 Locust Level Dr Locust, NC 28097

    For Lease
    $2,000,000

    New 9,600 SF warehouse/office building for rent.

    Property size:
    9,600 SF
    Lot size:
    1.57 Acres

    Property Features for 123 Locust Level Dr

    General Information

    Size
    9,600 SF
    Lot size
    1.57 Acres

    Source: COMPASS Agent Boston Reid

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Warehouse/Office Building

    This is a new construction 9,600 SF warehouse/office building suitable for a variety of uses, zoned CBI. The building features an 18'-21' sloped warehouse ceiling, one loading dock with a roll-up door, and one drive-in door. It is situated on a 1.57 AC property with paved parking. Located in Locust, NC, the property is 14 miles from Charlotte city limits and has easy access to Hwy 27 and I-485, providing access to surrounding areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Locust
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.451379
    Latitude
    35.246428

    Nearby Similar for Lease

    • Contact for pricing
      4,533 SF

      Locust Office Building For Lease

      Three new units, 4,533 SF total. Ideal for various businesses.
      122 Professional Park Dr, Locust, NC 28097
      View Details
    • $28 SF/Yr
      6,303 SF

      Locust Office Space For Rent

      6,303 square foot office space available for lease.
      103 Stanly Pkwy, Locust, NC 28097
      View Details

    FAQs

    What type of property is this?
    Warehouse - New 9,600 SF warehouse/office building for rent.
    Where is this warehouse located?
    The property is located at 123 Locust Level Dr Locust, NC.
    What are key features of this property?
    This property features: - New construction 9,600 SF warehouse/office building; - Zoned CBI, suitable for a variety of uses; - Easy access to Hwy 27 and I-485
    (704) 975-6742
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 Locust Level Dr Locust, NC 28097
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