Located in Stanly and Cabarrus Counties, the City of Locust is located in a prime location for residential and commercial growth. Our close proximity to I-485, Hwy 24/27, Hwy 601 and Hwy 200 allows Locust residents easy and convenient access to the Charlotte International, Stanly County, and Concord Regional Airports, the Charlotte Speedway, the Concord Mills Mall, and much more within a short drive! The Charlotte Business Journal recently noted that for the second year in a row, Stanly County has the second-largest number of new residential permits in the Charlotte region, which means this could also be a good area for those looking at pages such as this turnkey real estate guide click here to invest in real estate properties (whether that is commercial or residential). The Charlotte region could become a center for new community, meaning someone could make some serious money from renting out tenant properties to the new families that may wish to come and reside somewhere in Locust.
Locust offers a wide range of public services including: public safety, parks & recreation, solid waste & recycling, and sewer utility. Our residents also enjoy many amenities such as our athletic complex, town center, Locust library and more. Visit Locust today to discover what makes our community a wonderful place to live, work and play.
According to the North Carolina State Demographer – Office of State Budget and Management, the City of Locust’s population from April 2010 to July 2015 increased from 2,930 to 3,204 representing a 9.35% increase in population. As of July 1, 2016 the estimated population was 3,283.
In August 9, 2017, the UNC Carolina Population Center – Carolina Demography highlighted Locust in an article entitled “Population Growth for Some Unlikely North Carolina Municipalities” In the article, the UNC Carolina Population Center described Locust’s 3.5 % growth rate from July 2015 to July 2016 as “among the fastest-growing places in the state.”
Since 2010, the City of Locust has issued 416 new homes, 216 apartment units, and 75 commercial permits. People are able to get a loan (from https://www.sofi.com/home-loans/mortgage-refinance/ or otherwise) to secure such housing when they move into the area.
Locust Traffic Counts as of 2019
In 2005 the North Carolina Department of Transportation widened Hwy 24/27 from a 2-lane highway to a 4-lane highway. Since then, almost 10,000 new vehicles per day travel through Locust via Hwy 24/27. As of 2019, approximately 24,000 vehicles per day travel through Locust via Hwy 24/27. According to the U.S. Department of Transportation – Federal Highway Administration, “it has long been observed that [vehicle traffic] and economic growth appear to be correlated.” NCDOT estimates that daily traffic on Hwy 24/27 by the year 2040 will be approximately 40,000 vehicles. For more information on Locust’s traffic patterns and traffic counts, please visit the NCDOT AADT Mapping Application webpage
Variety of Commercial/Industrial Property Available in Locust, NC
A variety of development sites and distribution, office, manufacturing and retail buildings are available in Locust. You can search active commercial real estate listings with property images, detailed information and owner/realtor contact information here.
Grow Locust Town Center With Us!
With new retail, food establishments, events and services coming to Locust each year, Locust Town Center is emerging as a commercial and community hub for Locust residents and the surrounding communities in Stanly County. Visit the Locust Town Center webpage, Business Directory, and like us on Facebook.
Interested in Investing in Locust, NC?
Make an appointment today to speak to City officials that can help you answer questions about Locust and Stanly/Cabarrus Counties. We thank you for your interest in Locust, and we look forward to working with you!