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33934474
33934473

6719 NC-24, Locust, NC 28107

JD
SC 97835
Trinity Partners
CP
SC SC 104366
Trinity Partners
Listed by Trinity Partners
Unpriced
3 days on market
Updated 3 days ago

Development Opportunity - Locust, NC

Details
APN 55653028560000
Property Type Land
Sub Type Timber
Tenancy Single
Acreage 0.4 - 2.7
Zoning Highway Commercial

Land

Marketing description

Locust, NC, has experienced significant growth, with its population increasing from 4,543 in 2020 to an estimated 5,854 by July 2023—a 28.9% rise. Projections for 2025 suggest a population of 6,526, indicating an annual growth rate of approximately 5.43%.

The city's economy employs around 2,110 individuals, with key industries including health care and social assistance, construction, and retail trade. Median household income stands at approximately $78,280, with a per capita income of $31,392.

Strategically located near major highways (I-485, Hwy 24/27, Hwy 601, and Hwy 200), Locust offers convenient access to Charlotte and surrounding areas. The city provides a range of public services, including public safety, parks and recreation, and utilities.

Locust is fostering economic growth through initiatives like the Locust Town Center, which serves as a commercial and community hub. Recent investments, such as a $90,000 grant to local company Flextrol for facility expansion, underscore the city's commitment to supporting business development.

Locust offers small-town charm with modern conveniences, known for its friendly community, walkable town center, and family-oriented atmosphere—making it an appealing place to live and raise a family.

Investment highlights

  • Broad commercial zoning permitting a variety of retail/restaurant/ medical/office uses
  • High profile intersection with frontage access on W Main St and rear access on Red Bridge Rd
  • Underserved submarket with Culver’s and Biscuitville stores coming soon to the subject site
  • W Main St / Hwy 24-27 is the busiest road in the submarket with nearly 30,000 VPD
  • Walmart experiences more than 1.7 million customer visits per year (placer)
  • Submarket has approx. 711,000 SF of retail space that is currently 98.7% leased
  • Growing residential and commercial submarket about 20 miles east of Charlotte
  • 5-mile trade area radius had annual population growth of 1.93% from 2020-2024 with projected annual growth of 1.57% thru 2029
  • 5-mile trade area radius had average HH income of $103,343 and median HH income of $85,350 in 2024

Listing Contacts

JD
SC 97835
Trinity Partners
CP
SC SC 104366
Trinity Partners
Listed by Trinity Partners

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Zoning

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HC CommercialSpecial CommercialHighway Commercial District
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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