Property profile

421 Browns Hl Rd Locust, NC 28097

OFF-MARKET
Industrial properties
Property ID
US53-2053181
130,260 SF 18 ac lot Built 2008
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2008
Total area 130,260 SF
Lot 18 ac (784,080 SF)
Zoning code CBI
APN 556402563924
UPID US53-2053181

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
  • Warehouse & Storage

Location

421 Browns Hl Rd Locust, NC 28097-6615
Locust metro Census 930801 ALBEMARLE, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.14M

Owner & transaction history

since 2008
2 recorded transactions
2023
Price N/A
2008
$675,000

Zoning & alternative use

CBI · Locust, NC
Zoning description

The perimeter of any Campus Business and Institutional (CBI) District except: 80 feet • abutting a public street, where building scale, frontage relationship, and location of accessory uses ensures design compatibility o…

General category INDUSTRIAL

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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