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Property profile & analytics
OFF-MARKET
Banks

416 Main W St Locust, NC 28097-9707

5,263 SF 0.56 ac lot Built 2009
Entity Owned 17-yr Hold Free & Clear
Property ID
US53-2314454
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2009
Total area 5,263 SF
Lot 0.56 ac (24,394 SF)
Zoning code HC
APN 557503227191
UPID US53-2314454
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Uwharrie Bank, West Stanly Office Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bank Of Stanly · 17 yrs held
Bank Of Stanly
since 2009
3 recorded transactions
2009
$950,000
2008
$550,000
2008
Price N/A
Zoning & alternative use
HC · Locust, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 environment. It is expected that the Highway Commercial District will serve not only the Locust Community, but highway travelers as well. Becau…

Zone name Highway Commercial District
General category COMMERCIAL
Zone area 391.79 ac
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