Mixed-Use Land for Sale in Locust, North Carolina

Town Centre Dr Locust, NC 28097

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$1,450,000
1.23 acres
Active sale agoEst $11,244/mo

Offering for sale 1.228 Acre parcel within the new Village at Locust Town Center, City of Locust in Stanly County, NC. This parcel is one of three remaining parcels in the mixed-use section of the Village. This parcel may be purchased solely, or with the 1-2 remaining parcels. Survey attached. This is Lot 10 on Town Centre Drive. Master developer Oakboro Main Street Development for the 120-acre Town Center is seeking developer/investor interested in building a three to four story building, housing retail/business on the ground level and 2 to 3 additional levels of either multi-family market-rate apartments, residential/commercial condominiums or a combination of units for sale or lease.

See attached CC&Rs for Locust Town Center. Total acreage +/- for the three Village parcels is 2.74 acres. Zoning is Center City District. Lot 14 is 1.11 Acre; Lot 1 is 0.402 Acre.

Sewer flow allocation approved for all three parcels. City water and utilities available.

Directions

From Charlotte, travel Hwy 24/27 east through Cabarrus County to Stanly County. Locust borders the County line; travel into the City of Locust; Locust Town Center is on left at Ray Kennedy Drive; turn left onto Town Centre Drive at the "blue horse" traffic circle; two parcels immediately on right across from Ace Hardware; Lot 10 parcel, 128 acre, is on left two lots beyond Ace Hardware. All parcels are open terrain.

From Albemarle/Stanly County, travel Hwy 24/27 west to City of Locust; beyond Hwy 200 intersection, travel to Locust Town Center entrance on right

Address for Navigation GPS usage: 111 Ray Kennedy Drive (first building on left within the Town Centre)

Location

Street Address
Town Centre Dr
Elevation
728 feet
Coordinates
35.2595, -80.4318

Property details

MLS Number
CMLS 4101261
Date Posted

Parcels

  • 557503232035

Legal description

This 1.23-acre property is located at Town Centre Dr in Locust, NC 28097 with latitude 35.2595 and longitude -80.4318. The property is currently available for sale for $1,450,000 with a price per acre of $1,180,782. Listing data is sourced from Canopy MLS # 4101261.

Verify sale details at the property source or contact Keller Williams Select at (704) 684-1000.

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Copyright (C) 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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