Property profile

205 Central Ave Locust, NC 28097

OFF-MARKET
Investment properties
Property ID
US53-0575112
2,178 SF 0.78 ac lot Built 1937
Individually Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1937
Total area 2,178 SF
Lot 0.78 ac (33,977 SF)
Zoning code CC
APN 557503429010
UPID US53-0575112

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
  • Car Dealership

Location

205 Central Ave Locust, NC 28097-7140
Locust metro Census 930801 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2022
1 recorded transaction
2022
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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