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    Property profile & analytics

    12505 Oscar Rd Locust, NC 28097

    • Auto shops
    • 1,500 SF
    • 3.61 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 28, 2022
    Location Intelligence
    Property ID
    US53-2510503
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Auto shops

    Property Details for 12505 Oscar Rd

    Year built
    1981
    Lot size
    3.61 lot acres
    Property size
    1,500 SF
    Property type
    Auto shops
    APN
    558602596962
    APU
    558602596962

    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
    -80.3888
    Latitude
    35.3081
    CBSA code
    10620
    CBSA name
    ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $338
    $43,685
    $3,252
    $46,937
    -
    $43,685
    $3,252
    $46,937

    Comparable in this City

    • Value Estimation
      $355,000
      3,360 SF

      12685 Barrier Store Rd

      AUTO REPAIR, GARAGE • 3,360 SF
      12685 Barrier Store Rd, Locust, NC 28097-7102
      View Details
    • Value Estimation
      $385,000
      16,825 SF

      211 Main E St

      AUTO REPAIR, GARAGE • 16,825 SF
      211 Main E St, Locust, NC 28097-9725
      View Details
    • Value Estimation by Request
      2,400 SF

      Dixon Rd

      AUTO REPAIR, GARAGE • 2,400 SF
      Dixon Rd, Locust, NC 28097
      View Details
    • Value Estimation by Request
      1,200 SF

      Main St

      AUTO REPAIR, GARAGE • 1,200 SF
      Main St, Locust, NC 28097
      View Details
    • Value Estimation
      $395,000
      2,100 SF

      707 Main W St

      AUTO REPAIR, GARAGE • 2,100 SF
      707 Main W St, Locust, NC 28097-9715
      View Details
    • Value Estimation
      $260,000
      3,680 SF

      1247 Main E St

      AUTO REPAIR, GARAGE • 3,680 SF
      1247 Main E St, Locust, NC 28097-9741
      View Details

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    Similar Nearby for Lease

    • 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
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    • $28 SF/Yr
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      Locust Office Space For Rent

      6,303 square foot office space available for lease.
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    • $2,000,000
      9,600 SF

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      New 9,600 SF warehouse/office building for rent.
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    12505 Oscar Rd
    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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