Property profile

118 Main W St Locust, NC 28097

OFF-MARKET
Turn key restaurants
Saved · see the list in your Dashboard
Property ID
US53-1212644
3,724 SF 0.57 ac Built 1969
Last sale Jun 2004
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property at 118 W Main St in Locust, North Carolina is configured as a restaurant and has a dedicated parking lot for customer use. The layout includes a drive-up/take-out window and is served by conditioned, up-fitted HVAC systems and a roof system. ADA-compliant bathrooms support accessibility. The building operates as a fully functioning restaurant and is positioned just off Main St, in a high-traffic commercial area. The listing also indicates the broader portfolio includes a second…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$465k
Assessed land$209k
Assessed improvement$256k
Effective rate1.09%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 10 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 comparables10

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.2
Electrical Service10.2
Kitchen & Bath9.8

Location

118 Main W St Locust, NC 28097-7703
County assessor Recorded deeds · 12 transfers 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12301 Nc 24th 27th, Locust, NC 28097-8556 $210,000 Apr 2023 3,560 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 118 Main W St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved