Property profile

302 Central Ave Locust, NC 28097

OFF-MARKET
Investment properties
Property ID
US53-0643632
3,602 SF 0.68 ac lot Built 1952
Individually Owned 2-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 1952
Total area 3,602 SF
Lot 0.68 ac (29,621 SF)
Zoning code CC
APN 557503417603
UPID US53-0643632

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
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation

Location

302 Central Ave Locust, NC 28097-7141
Locust metro Census 930801 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2024
1 recorded transaction
2024
$8,000

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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