Re: 6210 Mt. Holly-Huntersville Rd, Charlotte, NC Tax ID#

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1 19901 W. Catawba Ave., Ste 104, Cornelius, NC Re: 6210 Mt. Holly-Huntersville Rd, Charlotte, NC Tax ID# The property at 6210 Mt. Holly-Huntersville Rd, Charlotte, NC according to the tax records is 4.23 acres. The property is at the corner of Mt. Holly-Huntersville Rd and Oakdale Rd. with approximately 600 ft. of frontage on Mt. Holly-Huntersville Rd and approximately 200 feet of frontage on Oakdale Rd. The property is also being marketed as subdivided parcels. 1.5 to 2 acres on the corner of Oakdale Rd and Mt. Holly-Huntersville Rd with approximately 500 ft of road front, and two 1 acre parcels with approximately 140 ft of frontage each on Mt. Holly- Huntersville Rd with possible access also from Oakdale Rd with an easement through the back of the corner 2 acres. A roundabout is being constructed in front of this corner lot to prepare for the increased traffic count on the opening of the I-485 exit ramp on Oakdale Rd. scheduled to be completed November Because of the position of the property, potential future tenant business(es) will have unbelievable exposure from all road lanes, both ways, and the extra exposure of passing by the roundabout. This superiorly located parcel will most certainly become the central route for a high percentage of residents in this community. Making the tenants occupying this land the opportunity to be the go-to place for the residents in the community for their everyday needs Mt. Holly-Huntersville Rd, Charlotte, NC is presently zoned R-3. We believe that the parcel will be able to be be rezoned for Commercial Use considering the changes that have occurred to conditions in the vicinity of the property. Please see attached documents for additional information. Any questions please contact: Freddy Karmatz Broker/Realtor office cell freddy@southernhomesofthecarolinas.com

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4 NORTH CAROLINA DEPARTMENT OF TRANSPORTATION Why Install a Roundabout? Roundabouts help address safety and congestion concerns at intersections. They are designed to enhance traffic efficiency, safety and aesthetics, and minimize delay and cost for all users including motorists, pedestrians and bicyclists. How do roundabouts affect safety? At traditional intersections with stop signs or traffic signals, the most serious types of crashes are t-bone, left-turn, and head-on collisions. With roundabouts, these types of crashes are reduced because vehicles travel in the same direction at a lower speed. In North Carolina, crashes of all types have been reduced by almost half where roundabouts have been installed at existing intersection locations. For more information, please see the full technical report available at traffic/safety/reports/completed.html. Beverly Eaves Perdue Governor Eugene A. Conti, Jr. Secretary of Transportation NORTH CAROLINA DEPARTMENT OF TRANSPORTATION YOUR GUIDE TO UNDERSTANDING ROUNDABOUTS NORTH CAROLINA DEPARTMENT OF TRANSPORTATION Transportation Mobility and Safety 750 N. Greenfield Parkway Garner, NC (919) ,000 copies of this public document were printed at a cost of $242, or 24.2 each. (03/2010) N.C. State University, Raleigh

5 FREQUENTLY ASKED QUESTIONS Ocean Isle What is a roundabout? A roundabout is an intersection requiring entering traffic to yield the right of way to traffic already in the roundabout. This keeps the traffic in the roundabout flowing and prevents traffic backups and delays. How is a roundabout different from a traffic circle? Modern roundabouts are generally much smaller than older traffic circles, and require vehicles to travel at a lower speed. Because of the higher speeds in traffic circles, generally they operate less efficiently and have higher crash rates than roundabouts. What is the size of a roundabout? The size of a roundabout is determined by the amount of vehicles, the size of the largest vehicle using the roundabout, the need to achieve appropriate speeds throughout the roundabout, and the layout of the existing intersection. A roundabout is usually constructed to accommodate a tractor trailer. The size of a single-lane roundabout is typically 120 feet across. This is about one third the length of a football field. Who makes the decision to install a roundabout? If the road under consideration is a state road, then NCDOT will make the decision after consulting with local governments. If the road is a local road, then the local government makes the decision. Does a roundabout cost more to install than a traffic signal? The initial construction cost of a roundabout is more expensive than a traffic signal; however, maintenance and utility costs of a roundabout are less than a traffic signal over time. Will a roundabout inconvenience me and add travel time to my drive? When operating within their capacity, roundabout intersections typically operate with shorter vehicle delays than other intersections, especially during non-peak traffic times. Are roundabouts appropriate everywhere? No. The choice of using a roundabout is made on a case-by-case basis. NCDOT evaluates traffic volumes and crashes at each candidate intersection individually to determine if a roundabout would be the most effective solution. How does a pedestrian navigate a roundabout? A pedestrian should walk around the outside, not through the middle of a roundabout. Roundabouts usually have marked sidewalks or striped crossings to help pedestrians navigate. How does a bicyclist navigate a roundabout? A bicyclist should follow the same rules as a vehicle or walk along the outside of a roundabout like a pedestrian. TWO LANE ROUNDABOUT How to drive a roundabout: Yield to vehicles already in the roundabout; Once in the roundabout, you have the right of way; Use your turn signal when exiting the roundabout; and Always be cautious and look for unexpected vehicles, pedestrians or bicycles. How to drive a two-lane roundabout: Prior to entering the roundabout, move into the appropriate lane as you would when approaching a traffic signal. The left lane circles the roundabout and the right lane turns right. Advance signing will provide guidance. Do not cross from the left lane in the roundabout to the right lane as you exit the roundabout. Right Lane Left Lane

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8 6210 Mt Holly-Huntersville Rd, Uninc, NC, Mecklenburg County 3 1, ,259 $250,000 Beds Bldg Sq Ft Lot Sq Ft Sale Price SFR 03/17/2005 Baths Yr Built Type Sale Date Owner Information Owner: Strickland Randy Charles Tax Billing Zip: Tax Billing Address: 500 N Hoskins Rd Tax Billing Zip+4: 3425 Tax Billing City & State: Charlotte, NC Owner Occupied: No Location Information School District : Charlotte-Mecklenburg Neighborhood Code: Long Creek-D301 Schools Township: County Location Influence: Rural Zoning: R3 Tax Information Parcel ID: Tax Area: 07 % Improved: 27% Assessment & Tax Assessment Year Assessed Value - Total $171,300 $187,900 $187,900 Assessed Value - Land $125,500 $125,500 $125,500 Assessed Value - Improved $45,800 $62,400 $62,400 YOY Assessed Change ($) -$16,600 $0 YOY Assessed Change (%) -8.83% 0% Market Value - Total $171,300 $187,900 $187,900 Market Value - Land $125,500 $125,500 $125,500 Market Value - Improved $45,800 $62,400 $62,400 Tax Year Total Tax Change ($) Change (%) 2012 $1, $2,024 $ % 2014 $1,847 -$ % Characteristics Land Use - Universal : SFR Full Baths: 1 Land Use - County : Single Family Res. - Rural Ac Total Rooms: 5 Lot Acres: 4.23 Heat Type: Hot Air Lot Sq Ft: 184,259 Heat Fuel Type: Coal/Wood/Oil Year Built: 1953 Fireplaces: 1 Effective Year Built: 1965 Interior Wall: Plywood Panel Total Units: 1 Floor Cover: Hardwood # of Buildings: 1 Foundation: Crawl Space Building Type: Residential Exterior: Brick Stories: 1 Roof Material: Asphalt Building Sq Ft: 1,140 Roof Shape: Hip Total Building Sq Ft: 1,140 Parking Type: Carport Heated Sq Ft: 1,140 Patio Type: Terrace Ground Floor Sq Ft: 1,140 Patio/Deck 1 Sq Ft: 21 Courtesy of Freddy Karmatz, CAROLINA MULTIPLE LISTING SERVICES INC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Property Detail Generated on 11/10/2015 Page 1 of 3

9 Bedrooms: 3 Condition: Average Total Baths: 1 Features Feature Type Unit Size/Qty Width Depth Terrace S Stable S Shed S Carport S Building Description Building Size Base 1,140 Carprt Unfinish 252 Util Unfinished 108 Estimated Value RealAVM Range: $0 - $0 Forecast Standard Deviation (1): 100 Value As Of: 10/30/2015 (1) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty. Last Market Sale & Sales History Sale Date: 03/17/2005 Owner: Strickland Randy Charles Recording Date: 03/17/2005 Seller: Hover Patricia B Sale Price: $250,000 Deed/Page: Price Per Square Feet: $ Deed Type: Warranty Deed Sale Date 11/17/ /17/ /17/ /22/ /1975 Recording Date 11/23/ /17/ /17/ /06/2003 Sale Price $250,000 Nominal Y Y Y Buyer Name Strickland Randy C Strickland Randy C Strickland Randy C Hoover Patricia B Black Edgar Eugene Seller Name Hoover Roger E Hover Patricia B Hover Patricia B Black Edgar E Deed/Page Document Type Quit Claim Deed Quit Claim Deed Warranty Deed Warranty Deed Deed (Reg) Courtesy of Freddy Karmatz, CAROLINA MULTIPLE LISTING SERVICES INC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Property Detail Generated on 11/10/2015 Page 2 of 3

10 Property Map *Lot Dimensions are Estimated Courtesy of Freddy Karmatz, CAROLINA MULTIPLE LISTING SERVICES INC The data within this report is compiled by CoreLogic from public and private sources. If desired, the accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality. Property Detail Generated on 11/10/2015 Page 3 of 3