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Locust Mixed-Use Development Parcel
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000 Town Centre Drive, Locust, NC 28097

1.228-acre parcel suited for retail and multi-family development.

Property SizeContact for details
Lot Size1.23 Acres
Days on Market917

Property Features for 000 Town Centre Drive

General Information

Standard status Active
Lot size 1.23 Acres
Property subtype Land
Zoning Center City District
Listing Agency: KW Commercial - Keller Williams Select
Listed By: Angela Prince · License #NC 289116
Source: Crexi
Added: Feb 13, 2024 Changed: Aug 15 Last Checked: Aug 18 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial - Keller Williams Select

Investment Insights

Based on property information with market context.

This 1.228-acre parcel is located within the Village at Locust Town Center in Locust, NC. It is suited for ground-level retail with multi-family apartments or condominiums above on two or three levels. The property is one of three contiguous mixed-use development parcels, with a total of approximately 3 acres available. Other potential uses detailed in the CC&Rs may include retail, general business, medical, food service/dining, and entertainment. The property is zoned Center City District. City water is located near the site, and sewer flow allocation is approved. Locust Town Center is a 120-acre master-planned community that serves as the central hub of the City of Locust. The Town Center includes City Hall, a Public Library, Police Department, Community Room, Senior YMCA, Pinnacle and Uwharrie Banks, Ace Hardware, Restaurants, a Craft Beer Brewery, Drugstore, Bakery and Coffee Shop, Novant Health Lakeside Family Practice, Subway, a Japanese Restaurant, and a variety of small business stores and offices, including CPA, Attorney, Real Estate, Architecture/Engineering, Health Services, and Wealth Management. The Town Center also features over 200 single-family homes, planned townhomes, workforce apartments, and age-defined, market-rate apartments above retail.

Key Highlights

  • 1.228‑acre parcel ideal for mixed‑use development, featuring ground‑level retail and multi‑family housing.
  • Located in the walkable Locust Town Center, the central hub of the City of Locust.
  • Center City District Zoning allows for diverse uses: retail, business, medical, food service, and entertainment.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Kitchen & Bath Showroom Furniture & Home Goods Building Supply Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby

Demographics for 28097, NC

6,876
Population
3,002
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
30.1 sq mi
ZIP Area
228
Density / Sq Mi
$77,600
Median Household Income
$51,279
Median Earnings
$861
Median Rent
$281,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.228-acre parcel suited for retail and multi-family development.
Where is this commercial land located?
The property is located at 000 Town Centre Drive Locust, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.228‑acre parcel ideal for mixed‑use development, featuring ground‑level retail and multi‑family housing.; Located in the walkable Locust Town Center, the central hub of the City of Locust.; Center City District Zoning allows for diverse uses: retail, business, medical, food service, and entertainment.
More about this property
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