511 Main St Albemarle, NC 28097
- Land
- 1.66 lot acres
Current Use by Public Records
- Land
Property Details for 511 Main St
- Lot size
- 1.66 lot acres
- Property type
- Land
Description
This exceptional 1.66-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of Locust, North Carolina. Boasting over 500 feet of road frontage on heavily trafficked Highway 24/27 (W. Main Street), this property enjoys a prime location directly across from the Locust town center and near the intersection of Highway 200, experiencing a daily traffic count of 24,500 vehicles. The property features two convenient curb cuts for easy access, making it exceptionally suitable for a diverse range of commercial ventures, including restaurants, retail establishments, or office spaces. Currently zoned HC, the land includes existing city water and sewer connections, a significant advantage for future development. While a tenant-occupied house is situated on the property (month-to-month lease), it is sold as-is with no assigned value. The property's APN numbers are 557503217731, 557503216667, 557503218850, and 557503218893. The asking price for this strategically positioned commercial land is $724,900. This is a rare chance to capitalize on Locust's burgeoning growth and establish a thriving business in a high-visibility location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albemarle
- County
- Stanly
- State
- North Carolina
- Longitude
- -80.4314
- Latitude
- 35.2578
