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Corner Parcel in Growing Locust
For Sale
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511 W Main St, Locust, NC 28097

Corner parcel with high traffic, ideal for various businesses.

Property SizeContact for details
Days on Market1561

Property Features for 511 W Main St

General Information

Standard status Active
Property subtype Land
Zoning HC
Listing Agency: Mortice Commercial Real Estate
Listed By: Steven Tice, CCIM · License #NC 168957
Source: Crexi
Added: Jun 3, 2022 Changed: Sep 7 Last Checked: Sep 10 at 7:10AM

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 Mortice Commercial Real Estate

Investment Insights

Based on property information with market context.

This corner parcel is located in Locust and offers over 500 feet of road frontage on Highway 24-27 (West Main Street), directly across from the Locust town center and near the intersection of Highway 200. The daily traffic count on this stretch of road is 24,500. The property features two curb cuts off of Highway 24-27 (West Main Street). The location is suitable for a restaurant, retail space, or office. There is a tenant-occupied house on the property on a month-to-month basis, but the structure is sold with no value. The property benefits from an existing city water and sewer connection supplying the house.

Key Highlights

  • Over 500' of road frontage on Hwy 24‑27 (W. Main Street).
  • Located directly across from the Locust town center.
  • High daily traffic count of 24,500.

Property Analytics

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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

319
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel with high traffic, ideal for various businesses.
Where is this commercial land located?
The property is located at 511 W Main St Locust, NC.
What is the asking price?
The asking price for this property is $794,900.
What are key features of this property?
This property features: Over 500' of road frontage on Hwy 24‑27 (W. Main Street).; Located directly across from the Locust town center.; High daily traffic count of 24,500.
(704) 794-2294 Call to check price and availability
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