0 Main St Locust, NC 28097
This exceptional 1.65-acre commercial land parcel presents a prime opportunity for business development in the rapidly expanding town of Locust, North Carolina. Located on West Main Street, this property boasts a highly desirable Highway Commercial zoning designation and benefits from a substantial daily traffic count exceeding 27,000 vehicles. The land is ready for immediate development, featuring two existing entrances for convenient access. County water is readily available with the payment of a tap fee, and natural gas is conveniently located across the street. For businesses requiring additional space, an adjacent property on Meadow Creek Road is also available for purchase. The asking price is $398,000, representing a price per acre of $398,000. The seller has owned the property for over a year and is actively considering all offers. This is an excellent investment opportunity in a thriving location with strong infrastructure and high visibility. Don't miss this chance to establish your business in a high-traffic area with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.