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- LoopNet Team
105 Bell Ave
Locust, NC 28097
Land For Sale
·
19.55 AC
INVESTMENT HIGHLIGHTS
- Directly Across From Locust Town Center
- Close proximity to I-485, Hwy 24/27, Hwy 601 and Hwy 200.
- 22,000+ Traffic Count On Hwy 24/27
PROPERTY FACTS
DESCRIPTION
Prime parcel in the heart of fast-growing Locust available for development. 19.5 +/- acres on Bell Ave(Bell Street on certain maps), which is directly across from Locust Town Center. There have been preliminary discussions with the town concerning development at this site. The town of Locust does not want to see a high-density apartment complex at this site. They would consider a development that included townhouses, office/retail, and commercial space. This site is the crossroads to Charlotte, Albemarle, Concord, and Monroe. Its proximity to I-485, Hwy 24/27, Hwy 601 and Hwy 200 makes it unique among local municipalities. The NC DOT estimates the traffic on 24/27 at this property will be approximately 40,000 vehicles per day by 2040.
PROPERTY TAXES
| Parcel Number | 5575-03-31-4511 | Improvements Assessment | $0 |
| Land Assessment | $454,932 | Total Assessment | $454,932 |
PROPERTY TAXES
