0 James Ave Locust, NC 28097
This exceptional 1.99-acre commercial land parcel is ideally situated on James Avenue in Locust, NC, zip code 28097, offering unparalleled visibility and accessibility. Located along Highway 24/27, boasting over 20,500 vehicles per day, this site presents a remarkable opportunity for retail development. The property is zoned Highway Commercial (HC), allowing for a wide range of commercial uses. Its strategic location is surrounded by numerous national retailers, including Walmart, Starbucks, McDonald's, Burger King, Jersey Mike's, and Taco Bell, ensuring high foot traffic and brand recognition. The site is also adjacent to several new retail establishments, such as a future Zaxby's, a new Mavis Tire & Brakes, Cookout, Burger King, and Highway 55, further solidifying its position within a thriving commercial hub. The property's potential is enhanced by its proximity to Stanly Community College and Atrium Health Imaging Center, directly across the street, providing a substantial and diverse customer base. This area is projected to experience significant growth, with a 9.50% increase in population within the next five years and an average household income of $85,000. The parcel offers the possibility of subdivision, providing flexibility for developers. Ideal uses include a car wash, quick-service restaurant, or similar retail ventures. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing market. Don't miss out on this exceptional investment prospect.
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
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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.