Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    302 Central Ave Locust, NC 28097-7141

    • Investment properties
    • 3,602 SF
    • 0.68 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Feb 14, 2024
    Location Intelligence
    Property ID
    US53-0643632
    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

    • Little Karen CPA / Accountant
    • Tyson Childress PLLC / Accounting Firm
    • Wesley J. Tyson CPA, PLLC / Accountant / Bookkeeping Service

    Property Details for 302 Central Ave

    Year built
    1952
    Lot size
    0.68 lot acres
    Property size
    3,602 SF
    Zone code
    CC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    557503417603
    APU
    557503417603

    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
    -80.4249
    Latitude
    35.2573
    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
    $3,077
    $97,718
    $184,598
    $282,316
    -
    $97,718
    $184,598
    $282,316

    Comparable in this City

    • Value Estimation
      $275,000
      1,383 SF

      301 Main W St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,383 SF
      301 Main W St, Locust, NC 28097-9706
      View Details
    • Value Estimation
      $200,000
      1,773 SF

      508 Main E St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,773 SF
      508 Main E St, Locust, NC 28097-9732
      View Details
    • Value Estimation
      $225,000
      1,248 SF

      102 Locust Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,248 SF
      102 Locust Ave, Locust, NC 28097-7217
      View Details
    • Value Estimation
      $370,000
      1,064 SF

      712 Main W St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,064 SF
      712 Main W St, Locust, NC 28097-9714
      View Details
    • Value Estimation
      $320,000
      728 SF

      1215 Main W St

      OFFICE/RESIDENTIAL (MIXED USE) • 728 SF
      1215 Main W St, Locust, NC 28097-8734
      View Details
    • Value Estimation
      $200,000
      1,456 SF

      115 Central Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,456 SF
      115 Central Ave, Locust, NC 28097-7121
      View Details

    Similar Nearby for Sale

    • $420,000
      1,056 SF

      Locust, NC Commercial Property

      Prime 1,056 sq ft lot, high traffic area.
      816 Main St, Locust, NC 28097
      View Details
    • $650,000
      0.50 Acres

      Locust Retail Building - Main Street

      High-traffic retail space, prime location.
      612 Main St, Locust, NC 28097
      View Details
    • $389,900
      0.88 Acres

      Locust Commercial Lot - Highway Frontage

      Prime commercial lot, high traffic count, ideal location.
      904 Main St, Locust, NC 28097
      View Details
    • $794,900

      Corner Parcel in Growing Locust

      Corner parcel with high traffic, ideal for various businesses.
      511 Main St W, Locust, NC 28097
      View Details
    • $265,000
      10.48 Acres

      Stanly County Land Opportunity

      10.5-acre retreat with 4-bedroom septic permit.
      24990 Birdhouse Ln, Locust, NC 28097
      View Details
    • $348,000
      1,458 SF

      Locust Commercial Property - Great Location!

      Versatile building, .56 acres, updated systems.
      115 Central Ave, Locust, NC 28097
      View Details

    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
      View Details
    • $28 SF/Yr
      6,303 SF

      Locust Office Space For Rent

      6,303 square foot office space available for lease.
      103 Stanly Pkwy, Locust, NC 28097
      View Details
    • $2,000,000
      9,600 SF

      New Construction Warehouse/Office Building

      New 9,600 SF warehouse/office building for rent.
      123 Locust Level Dr, Locust, NC 28097
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    302 Central Ave
    Locust, NC 28097-7141
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.