Property profile

111 Main W St Locust, NC 28097

OFF-MARKET
Commercial real estate
Property ID
US53-1929955
0.03 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.03 ac (1,307 SF)
Zoning code CC
APN 557503424527
UPID US53-1929955

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

111 Main W St Locust, NC 28097-7701
Locust metro Census 930801 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.41M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.41M

Owner & transaction history

since 2024
Last sale
$3.4M
7 recorded transactions
2024
$3.4M
2020
$282,500
2019
$659,000
2019
$15,000
2019
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Locust, NC
Zoning description

CC (CD): City Center District (Conditional District) Mixed Use HC (CD): Highway Commercial District (Conditional District) Commercial RC (RC): Regional Commercial District (Conditional) Commercial LHC (CD): Light Highway…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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