Financial
Distress signals
Property profile

12301 Nc 24th 27th Hwy Locust, NC 28097

OFF-MARKET
Turn key restaurants
Property ID
US53-2222863
3,560 SF 1.17 ac lot Built 1972
Last sale Apr 2023 · $210,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$234k
Assessed land$47k
Assessed improvement$187k
Effective rate0.73%

Value estimate

· Sep 2026
$200k
$180k – $220k
AI approach$205k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$113/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$32 – $162
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HC
The purpose of HC zone is to provide primarily for auto dependent uses in areas less amenable to easy pedestrian access and a comfortable...
General categoryCOMMERCIAL
JurisdictionSTANLY

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy8.3
Restaurant7.6
Gym & Fitness7.4

Location

12301 Nc 24th 27th Hwy Locust, NC 28097-8556
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
103 Locust, Locust, NC 28097-7218 $3,410,000 Jul 2024 7,920 SF
1878 Main W, Locust, NC 28097-7700 $1,375,000 Nov 2022 4,397 SF
805 Main W, Locust, NC 28097-9717 $225,000 May 2022 5,308 SF
1204 Main W, Locust, NC 28097 $2,500,000 Oct 2021 5,102 SF
512 Main W, Locust, NC 28097-9710 $2,100,000 Jul 2021 6,078 SF
164 Browns Hl, Locust, NC 28097-6609 $360,000 Dec 2020 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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