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Investment Highlights

  • Corner Lot With Two Curb Cuts
  • Residential Water/Sewer Service In Place
  • 500’ Of Road Frontage

Property Facts

Price $1,084,434 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Tienda de conveniencia
  • Fast Food
Total Lot Size 1.66 AC
No. Stories 1
Zoning Highway Commercial - Highway Commercial

1 Lot Available

Lot

Price $1,084,434 CAD
Price Per AC $653,273.74 CAD
Lot Size 1.66 AC

Description

Positioned on a prime corner adjacent to O'Reilly Auto Parts and directly across from the highly active Locust Town Center, this site offers exceptional visibility and access in one of the area’s fastest-growing corridors. With over 22,000 vehicles passing daily, the property benefits from consistent exposure to traffic moving between Midland, Charlotte, Concord, and Monroe. The ±1.66-acre parcel features two curb cuts, allowing for flexible site planning and easy ingress/egress, making it well-suited for a variety of uses, including a freestanding restaurant, drive-thru concept, or multi-tenant retail development. Its corner positioning enhances signage opportunities and overall presence, creating a strong advantage for businesses seeking both convenience and visibility. Surrounded by national retailers, daily commuters, and ongoing residential growth, this site represents a rare opportunity to secure a highly visible, well-located corner in an expanding market with strong long-term fundamentals. *While there is a tenant-occupied house on the property(month to month), the structure is sold with no value. However, you will benefit from the existing city water and sewer connection(3/4" residential service) supplying the house.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5575-03-21-8893
  • 5575-03-21-7731
  • 5575-03-21-6667
  • 5575-03-21-8850
Land Assessment
$627,047 CAD
Improvements Assessment
$235,448 CAD
Total Assessment
$862,496 CAD
  • Listing ID: 27520973

  • Date on Market: 2023-01-16

  • Last Updated:

  • Address: 511 Main St W, Locust, NC 28097

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