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    Property profile & analytics

    403 Main W St Locust, NC 28097-9708

    • Retail space
    • 3,600 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Location Intelligence
    Property ID
    US53-1649077
    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

    • TwentyFour West / Home Goods Store

    Property Details for 403 Main W St

    Year built
    2002
    Lot size
    0.41 lot acres
    Property size
    3,600 SF
    Zone code
    HC
    Property type
    Retail space
    APN
    557503322009
    APU
    557503322009

    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
    -80.4298
    Latitude
    35.2585
    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
    $4,243
    $173,758
    $215,532
    $389,290
    -
    $173,758
    $215,532
    $389,290

    Comparable in this City

    • Value Estimation
      $395,000
      3,200 SF

      164 Browns Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      164 Browns Hl Rd, Locust, NC 28097-6609
      View Details
    • Value Estimation by Request
      1,050 SF

      108 Main W St

      RETAIL STORES (PERSONAL SERVICES) • 1,050 SF
      108 Main W St, Locust, NC 28097-7703
      View Details
    • Value Estimation by Request
      21,000 SF

      Market St

      RETAIL STORES (PERSONAL SERVICES) • 21,000 SF
      Market St, Locust, NC 28097
      View Details
    • Value Estimation by Request
      6,825 SF

      105 Main E St

      RETAIL STORES (PERSONAL SERVICES) • 6,825 SF
      105 Main E St, Locust, NC 28097-9723
      View Details
    • Value Estimation by Request
      10,200 SF

      101 Main E St

      RETAIL STORES (PERSONAL SERVICES) • 10,200 SF
      101 Main E St, Locust, NC 28097-9723
      View Details
    • Value Estimation by Request
      3,200 SF

      12620 Msn Church Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,200 SF
      12620 Msn Church Rd, Locust, NC 28097
      View Details

    Similar Nearby for Sale

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      Locust Commercial Lot - Highway Frontage

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    Similar Nearby for Lease

    • Contact for pricing
      4,533 SF

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      6,303 square foot office space available for lease.
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    • $2,000,000
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    403 Main W St
    Locust, NC 28097-9708
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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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