Residential Income

Locust, NC Residential Income Properties for Sale

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Vacant Land
Updated: Mar 13
Vacant Land

1608 Main St, Locust, NC 28097

$2,850,000
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Locust, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex With One Vacant Unit
Duplex With One Vacant Unit

309 Spring Street SW, Concord, NC 28025

$325,000
1,581 sqft

Two mirrored apartments offer separate porches, patios, laundry rooms, and dedicated heat pumps.

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Three-Bedroom Duplex with Modern Kitchens
Three-Bedroom Duplex with Modern Kitchens

812 S Fifth Street, Albemarle, NC 28001

$420,000
0.21 AC lot

Under-construction duplex with two spacious residences, individual laundry areas, island kitchens, and driveway parking.

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New Construction Duplex
New Construction Duplex

846 S Fourth St, Albemarle, NC 28001

$420,000
2,610 sqft

Two spacious residences offer modern layouts, private laundry, kitchen islands, and outdoor patio options.

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Brick Duplex with Vacant Unit
Brick Duplex with Vacant Unit

309 Spring Street SW, Concord, NC 28025

$325,000
0.25 AC lot

Two mirrored apartments offer separate living spaces, kitchens, laundry rooms, porches, and patios, with one side currently vacant.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highway Frontage Development Opportunity
Highway Frontage Development Opportunity

1608 Main Street, Locust, NC 28097

$2,850,000
57.00 AC lot

57 acres with highway frontage in rapidly expanding Locust, NC.

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Secluded Acreage with Road Frontage
Secluded Acreage with Road Frontage

7210 Mission Road, Mount Pleasant, NC 28124

$300,000
17.59 AC lot

Secluded 17.59-acre tract in Cabarrus County with 60 feet of road frontage and hardwoods.

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Approved Land Lots in Oakboro
Approved Land Lots in Oakboro

Alonzo Road, Oakboro, NC 28129

$150,000
3.00 AC lot

Approved land for two homesites, Oakboro, North Carolina.

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Land in Midland, North Carolina
Land in Midland, North Carolina

3305 Drake Road, Midland, NC 28107

$129,000
2.72 AC lot

2.72 acre lot in Midland, ready for your dream home.

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Off-Market Properties in Locust, NC

Consider similar Off-Market properties in Locust, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Main St
Land

0 Main St, Locust, NC 28097

Value Estimation by Request
2.02 AC lot
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Locust, NC Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Locust, NC on our real estate platform.

Sale prices for residential income properties in Locust, NC average $2,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 7,976
Population Growth (5Y) +31.3%
Median Household Income $77,600
College Educated 26.3%

High-Yield Neighborhoods for Investment

Identify Locust submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28097 $370K

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $21.29 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stanly County

New Delisted

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