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    904 Main St Locust, NE 28097

    Sponsored
    For Sale
    $329,900

    High-traffic, 0.89-acre commercial lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.89-acre commercial lot, located at 904 West Main Street in Locust, North Carolina, presents a unique investment opportunity. Zoned HB, this property is ideally suited for a variety of uses, including bank, gas station, or quick-service restaurant development. Currently vacant, it offers a blank canvas for building your business. The property boasts a prime location on a busy five-lane highway, experiencing a daily traffic count exceeding 27,000 vehicles. This high visibility ensures significant exposure for any commercial venture. The owner has held the property for at least one year. For those seeking a larger footprint, two adjacent properties totaling 2.26 acres are also available for purchase, expanding the potential to 3.15 acres. Locust, NC is a rapidly growing town, offering abundant business opportunities. This is an exceptional chance to establish a thriving enterprise in a high-demand location. The asking price for this 0.89-acre parcel is $329,900. Don't miss this chance to secure a piece of Locust's thriving commercial landscape. Contact us today to explore this exciting opportunity further.

    Property Features for 904 Main St

    General Information

    Property type
    Restaurants
    Lot Size
    38,768 SF

    HighLights

    • $329,900 asking price.
    • 0.89‑acre lot, mixed‑use zoning (HB), suitable for bank, gas station, or QSR development.
    • Located at 904 West Main Street, Locust, NC 28097, on a busy 5‑lane highway with 27,000+ daily traffic count.
    • Starbucks is the current tenant.
    • Owner‑occupied for at least one year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    City
    Locust
    County
    Stanly
    State
    Nebraska

    FAQs

    What type of property is this?
    Restaurant - High-traffic, 0.89-acre commercial lot.
    Where is this restaurant located?
    The property is located at 904 Main St Locust, NE.
    What is the asking price?
    The asking price for this property is $329,900.
    What are key features of this property?
    This property features: $329,900 asking price.; 0.89-acre lot, mixed-use zoning (HB), suitable for bank, gas station, or QSR development.; Located at 904 West Main Street, Locust, NC 28097, on a busy 5-lane highway with 27,000+ daily traffic count.
    Request Owner's contact information
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    Locust, NE 28097
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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
    904 Main St Locust, NE 28097
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