Parcel 1 is one of three parcels remaining within the mixed-use Village at Locust Town Center and offered for mixed-use development. The parcel is 0.402 Acres (see survey) and is adjacent to a "dedicated road" within the mixed-use Village, which may become available for purchase should the City of Locust decide not to acquire the parcel. The parcel is directly across from Ace Hardware and is within the central hub of the town center. The master developer Oakboro Main Street Development has preliminary designs/floorplans for a condominium building for the site, which provides for retail at street-level. Future building on the site can be up to four stories, per the Commercial Declarations/CC&Rs. Other uses can be considered. Zoning is Center City District. Sewer flow allocation is approved. City water and utilities are available within the Town Center.