Property profile

11672 Redbridge Blvd Locust, NC 28097

OFF-MARKET
Commercial real estate
Property ID
US53-3308816
2.39 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.39 ac (104,108 SF)
Zoning code HC
APN 5565 41 2750
UPID US53-3308816

Cap rate & NOI

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

Location

11672 Redbridge Blvd Locust, NC 28097-6605
Locust metro Census 41604 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2023
4 recorded transactions
2023
Price N/A
2014
Price N/A
2011
Price N/A
2008
Price N/A

Zoning & alternative use

HC · Locust, NC
Zoning description

2.1.5 Highway Commercial District (HC) Intent: The Highway Commercial District is established to provide primarily for auto-dependent uses in areas less amenable to easy pedestrian access and a comfortable pedestrian env…

General category COMMERCIAL

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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