Property profile

1872 Main W St Locust, NC 28097

OFF-MARKET
Commercial real estate
Property ID
US53-4026399
3,022 SF 1.38 ac lot Built 2021
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2021
Total area 3,022 SF
Lot 1.38 ac (60,113 SF)
Zoning code HC
APN 556503418060
UPID US53-4026399

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

1872 Main W St Locust, NC 28097-7700
Locust metro Census 930801 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$610k
Blend (final) Blend
$595k

Owner & transaction history

since 2022
4 recorded transactions
2022
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1872 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message