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    Property profile & analytics

    Main St Locust, NC 28097

    • Land
    • 2.02 lot acres
    For Sale
    View listing
    $500,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Main St

    Lot size
    2.02 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Locust
    County
    Stanly
    State
    North Carolina
    Longitude
    -80.4254
    Latitude
    35.26

    Comparable in this City

    • Value Estimation by Request

      James Ave

      Land
      0 James Ave, Locust, NC 28097
      View Details
    • Value Estimation by Request
      1.65 Acres

      Main St

      Land • 1.65 Acres
      0 Main St, Locust, NC 28097
      View Details
    • Value Estimation by Request
      3.90 Acres

      24/27 Main St Hwy

      Land • 3.90 Acres
      24/27 Main St Hwy, Locust, NC 28097
      View Details
    • Value Estimation by Request
      1.66 Acres

      511 Main St

      Land • 1.66 Acres
      511 Main St, Albemarle, NC 28097
      View Details
    • Value Estimation by Request
      1.99 Acres

      James Ave

      Land • 1.99 Acres
      0 James Ave, Locust, NC 28097
      View Details
    • Value Estimation by Request
      1.23 Acres

      000 Town Center Dr

      Land • 1.23 Acres
      000 Town Center Dr, Locust, NC 28097
      View Details

    Similar Nearby for Sale

    • $500,000
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      Locust, NC Commercial Land

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    • $724,900
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      Locust Corner Commercial Land

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      Highway Commercial Land in Locust, NC

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    • $1,200,000
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      3.9 Acres Commercial Land, Locust NC

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      Corner Parcel in Growing Locust

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    • $389,900
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      Locust Commercial Lot - Highway Frontage

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    Similar Nearby for Lease

    • $2,000,000
      9,600 SF

      New Construction Warehouse/Office Building

      New 9,600 SF warehouse/office building for rent.
      123 Locust Level Dr, Locust, NC 28097
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    • Contact for pricing
      4,533 SF

      Locust Office Building For Lease

      Three new units, 4,533 SF total. Ideal for various businesses.
      122 Professional Park Dr, Locust, NC 28097
      View Details
    • $28 SF/Yr
      6,303 SF

      Locust Office Space For Rent

      6,303 square foot office space available for lease.
      103 Stanly Pkwy, Locust, NC 28097
      View Details
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    Main St
    Locust, NC 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
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