0 Main St Locust, NC 28097
This exceptional 2.02-acre commercial land parcel presents a remarkable opportunity for investors and developers. Strategically located on Highway 24/27 (West Main Street) in Locust, North Carolina, this property boasts exceptional visibility due to its placement on the main road into town, experiencing approximately 27,000 vehicles daily. The land is currently vacant, featuring some trees that could potentially yield timber. Locust is experiencing significant growth, creating a welcoming environment for new businesses. Essential utilities are readily accessible, including water and natural gas (tap fees apply). Sewer availability is subject to approval from the City of Locust. The current owners, who have held the property for over a year, are willing to assist with any necessary rezoning to facilitate a smooth transition for the new owner. The property is zoned HB. This prime location, coupled with the seller's commitment to a seamless process, makes this an ideal investment for a variety of commercial, industrial, or residential ventures. Don't miss this chance to establish your presence in a thriving North Carolina community.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.