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    OFF-MARKET
    Retail properties & Spaces

    000 Main St, Locust, NC 28097

    1.65 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.65-acre parcel located at 000 W Main Street in Locust, NC, presents a unique opportunity for entrepreneurs seeking a prime retail location. Boasting a high-traffic count of 27,000+ vehicles per day, this property offers unparalleled visibility and accessibility. Currently zoned Open Space, the seller is willing to assist with the rezoning process to accommodate your specific business needs. The land is well-situated with two existing driveways, providing convenient access for customers and employees. County water is available with the payment of tap fees, and city sewer and natural gas lines are conveniently located across the street. For businesses requiring additional space, an adjacent property on Meadow Creek Road is also available for purchase. This property is being offered at $398,000 and represents an exceptional investment in a rapidly growing community. The seller is motivated and will consider all offers. Don't miss this chance to establish your business in a thriving location with excellent infrastructure and high visibility. Serious inquiries only.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.65 ac (71,874 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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