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Locust, NC Retail Properties & Spaces for Sale

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Freestanding CVS Pharmacy Building
Updated: May 29
Freestanding CVS Pharmacy Building

101 East Main Street, Locust, NC 28097

Contact for pricing
10,200 sqft 1.27 AC lot
Freestanding 10,200+ SF CVS Pharmacy on 1.27 acres at 101 East Main Street, Locust, NC
Signalized intersection location on E Main Street and N Central Avenue with ~28,800 VPD combined traffic counts
Corporate‑guaranteed NNN lease by CVS Health Corp. (Fortune 10 company)
Lease recently extended through January 31, 2040, with ~13.7 years remaining
Three (3) additional 5‑year lease options with 10% increases
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Commercial Space in Growing City
Updated: May 1, 2025
Commercial Space in Growing City

319 N Central Avenue, Locust, NC 28097

$489,000
1,533 sqft
Prime commercial location in a rapidly growing city (Locust, NC).
High traffic visibility: Located off N Central Ave (7,700 VPD) and near Hwy 24/27 (28,500+ VPD, projected 40,000 by 2040).
Zoned LHC (Light Highway Commercial) with rezoning potential.
Versatile space suitable for office, retail, daycare, or personal services.
Move‑in ready condition with three potential offices, conference room, waiting area, and full kitchen.
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Prime Location Investment Opportunity
Prime Location Investment Opportunity

6760 Nc 24 27 Hwy, Locust, NC 28097

$1,999,000

Located in growing Locust, ideal for retail or restaurant.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Commercial Lot in Growing City
Commercial Lot in Growing City

904 West Main Street, Locust, NC 28097, Locust, NC 28097

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Commercial lot on busy highway in fast-growing Locust, North Carolina.

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Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 4 Active listings in Locust, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 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.

General Business Retail Building
General Business Retail Building

7201 Matthews Mint Hill Road, Charlotte, NC 28227

$1,600,000
2,330 sqft

Well-located downtown Mint Hill retail building on a major corridor, with General Business zoning and flexible use options.

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Auto Shop with Zero Landlord Responsibilities
Auto Shop with Zero Landlord Responsibilities

12723 Albemarle Rd, Charlotte, NC 28227

Contact for pricing
1,960 sqft

For sale auto shop with an ownership model designed to limit landlord responsibilities for an experienced operator.

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Turn-Key Restaurant or Office Space
Turn-Key Restaurant or Office Space

686 Wilshire Avenue, Concord, NC 28027

$324,999

Zoned B-1, turn-key restaurant or office space in Concord.

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Commercial Property Near Major Intersection
Commercial Property Near Major Intersection

3550 US-601, Concord, NC 28025

Contact for pricing

C2 zoned property with redevelopment potential in growing Concord area.

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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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Highway Frontage Commercial Land
Highway Frontage Commercial Land

11633 Highway 601, Midland, NC 28107

$900,000
100 sqft

Commercial property with high traffic and frontage in growing corridor.

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Highway-Frontage Commercial Land
Highway-Frontage Commercial Land

4200 NC Hwy 24/27, Midland, NC 28107

$2,500,000
13.65 AC lot

Commercial land positioned at a two-highway intersection with public sewer access and subdivision provisions.

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Commercial Land With Highway Frontage
Commercial Land With Highway Frontage

4200 NC Hwy 24/27, Midland, NC 28107

$2,500,000
13.65 AC lot

A sizable tract offers public sewer access and frontage along two state highways.

View details

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.

103 Locust Ave
RETAIL STORES (PERSONAL SERVICES)

103 Locust Ave, Locust, NC 28097-7218

$3,410,000
Estimated value
7,920 sqft 0.33 AC lot
View details
707 Main W St
AUTO REPAIR, GARAGE

707 Main W St, Locust, NC 28097-9715

$280,000
Estimated value
2,100 sqft 0.51 AC lot
View details
102 Ss St
FINANCIAL BUILDING

102 Ss St, Locust, NC 28097

$3,310,000
Estimated value
14,004 sqft 0.82 AC lot
View details
12301 Nc 24th 27th Hwy
RESTAURANT

12301 Nc 24th 27th Hwy, Locust, NC 28097-8556

$200,000
Estimated value
3,560 sqft 1.17 AC lot
View details
1878 Main W St
DRIVE-THRU RESTAURANT, FAST FOOD

1878 Main W St, Locust, NC 28097-7700

$960,000
Estimated value
4,397 sqft 1.23 AC lot
View details
11652 Redbridge Blvd
SHOPPING CENTER, STRIP CENTER

11652 Redbridge Blvd, Locust, NC 28097-6605

$605,000
Estimated value
16,356 sqft 3.23 AC lot
View details
204 Locust Ave
AUTO REPAIR, GARAGE

204 Locust Ave, Locust, NC 28097-7219

$375,000
Estimated value
5,760 sqft 0.75 AC lot
View details
805 Main W St
RESTAURANT

805 Main W St, Locust, NC 28097-9717

$190,000
Estimated value
5,308 sqft 0.30 AC lot
View details
214 Main W St
WHOLESALE OUTLET, DISCOUNT STORE

214 Main W St, Locust, NC 28097-9703

$645,000
Estimated value
8,000 sqft 0.49 AC lot
View details
12505 Oscar Rd
AUTO REPAIR, GARAGE

12505 Oscar Rd, Locust, NC 28097

$125,000
Estimated value
1,500 sqft 3.61 AC lot
View details
1204 Main W St
CONVENIENCE STORE

1204 Main W St, Locust, NC 28097

$2,060,000
Estimated value
5,102 sqft 0.47 AC lot
View details
512 Main W St
DRIVE-THRU RESTAURANT, FAST FOOD

512 Main W St, Locust, NC 28097-9710

$1,785,000
Estimated value
6,078 sqft 7.41 AC lot
View details
164 Browns Hl Rd
RETAIL STORES (PERSONAL SERVICES)

164 Browns Hl Rd, Locust, NC 28097-6609

$395,000
Estimated value
3,200 sqft 1.03 AC lot
View details
20133 Coley Store Rd
AUTO REPAIR, GARAGE

20133 Coley Store Rd, Locust, NC 28097-7327

$260,000
Estimated value
1,800 sqft 7.83 AC lot
View details
117 Central Ave
RESTAURANT

117 Central Ave, Locust, NC 28097-7121

$255,000
Estimated value
3,000 sqft 0.67 AC lot
View details
108 Main W St
RETAIL STORES (PERSONAL SERVICES)

108 Main W St, Locust, NC 28097-7703

$205,000
Estimated value
1,050 sqft 0.19 AC lot
View details
210 Locust Ave
AUTO REPAIR, GARAGE

210 Locust Ave, Locust, NC 28097-7219

$240,000
Estimated value
5,704 sqft 1.29 AC lot
View details
1718 Main W St
DRIVE-THRU RESTAURANT, FAST FOOD

1718 Main W St, Locust, NC 28097-9793

$510,000
Estimated value
3,430 sqft 0.93 AC lot
View details
236 Market St Ste, Unit 100
RETAIL STORES (PERSONAL SERVICES)

236 Market St Ste, Locust, NC 28097-9439

Unit 100
$280,000
Estimated value
3,500 sqft 0.04 AC lot
View details
1004 Main W St
MINI-MALL

1004 Main W St, Locust, NC 28097-9774

$1,170,000
Estimated value
45,892 sqft 5.66 AC lot
View details

Locust, NC Retail Properties & Spaces Market Trends and Statistics

Explore 61 retail properties & spaces for sale in Locust, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,733 square feet of properties for sale, with an estimated market value of $2,488,000.

Sale prices for stores in Locust, NC start at $489,000, averaging $1,244,000, and reaching up to $1,999,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Drug stores 1
Grocery and convenience stores 1
Shopping centers 1

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 $1.2M

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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