INNOVATE
Real Estate
photo 2
photo 3
photo 4
photo 5
photo 6
photo 7
photo 8
photo 9
photo 10
photo 11
11 photos

$2,850,000

Locust, NC 28097
Listed by Eric Forbes · DW Realty Team Inc
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Location, Location, Location! Prime opportunity with 1,120 feet of frontage on Highway 24/27 and 415 feet on Barbee Road. The Locust, NC area is rapidly expanding, offering tremendous potential for residential, commercial, or mixed-use development. This property is conveniently situated near schools, community parks, and shopping, and lies in one of the region’s fastest-growing corridors—just 25 miles from Charlotte and 7 miles from the new Charlotte Pipe facility. The property includes four dwellings, with three currently rented month-to-month, providing immediate income while you plan for future use or development. Don’t miss this exceptional investment opportunity in a booming area!

Property details

MLS #
CAR4326689
Property type
Acreage
Subdivision
none
Status
Active
Days on market
65
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Locust Elementary
1.13 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
423
Student:teacher ratio
16.9:1
District
Stanly County Schools
Middle
West Stanly Middle School
1.33 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
550
Student:teacher ratio
14.9:1
District
Stanly County Schools
High
Stanly Early College High
10.68 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
178
Student:teacher ratio
22.3:1
District
Stanly County Schools

Mortgage calculator

Estimate only — actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$17,313/mo
$570,000 down
$2,280,000 loan
Principal & interest$14,788
Property tax (est.)$2,375
Home insurance (est.)$150

Similar homes you might like

0 No Where Rd.
$3,000,000
0 No Where Rd.
Clarendon, 28432
N/A bd·N/A ba·N/A
Listed by The DeForrest Team, INNOVATE Real Estate
$3,400,000
Rutherfordton, 28139
N/A bd·N/A ba·N/A
Listed by Janet Austin, True North Realty
$3,391,180
Statesville, 28677
N/A bd·N/A ba·N/A
Listed by Barbara Shraga, Coldwell Banker Realty
New
$3,275,000
Charlotte, 28226
N/A bd·N/A ba·N/A
Listed by Tracy Dowling, Homecoin.com
$3,200,000
Mill Spring, 28756
N/A bd·N/A ba·N/A
Listed by Collin O'Berry, Keller Williams Professionals
$3,200,000
Albemarle, 28001
N/A bd·N/A ba·N/A
Listed by Carla Weyrick, Howard Hanna Allen Tate Albemarle
$3,200,000
Statesville, 28625
N/A bd·N/A ba·N/A
Listed by Tammy Mallory, EXP Realty LLC Mooresville
$3,200,000
Denver, 28037
N/A bd·N/A ba·N/A
Listed by Michael Morgan, RE/MAX Executive

Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated February 5, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.