1608 Main Street, Locust, NC

$2,850,000

Listing courtesy of DW Realty Team Inc (Eric Forbes). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.

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About the 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!

Price in context

  • Asking price raised $350,000 from the original $2,500,000.
  • 65 days on the market, listed 2025-12-02.
  • County tax assessment $188,000; the asking price is 15.16× the assessed value.

Location

Neighborhood: None, Stanly County, ZIP 28097.

Straight-line distances

  • Charlotte Country Club: 22.7 mi
  • Uptown Charlotte: 25.2 mi
  • SouthPark Mall: 25.4 mi
  • Quail Hollow Club: 27.5 mi
  • Wilson Air Center (private aviation, CLT): 30.2 mi
  • Charlotte Douglas International Airport: 30.9 mi

Assigned schools

  • Elementary: Locust
  • Middle: West Stanly
  • High: West Stanly

School assignments come from the listing and can change; confirm with the district.

Features

Lot
Level, Rolling Slope, Creek/Stream
County
Stanly

Comparable homes on the market

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.