409+/- Acres in Pittsboro, NC FOR SALE $2,249,500. Buckner Clark Road Pittsboro, North Carolina Land

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1 Land FOR SALE $2,249,500 Buckner Clark Road Pittsboro, North Carolina Durham-Chapel Hill Blvd Suite C Durham, NC JOHNNY WEHMANN NICK LIVENGOOD O: O: C: C: jwehmann@realestateassoc.com nlivengood@realestateassoc.com

2 Executive Summary OFFERING SUMMARY Sale Price: $2,249,500 Parcel ID: PROPERTY OVERVIEW 409 acres located just outside the heart of Pittsboro. Priced at $5,500 per acre. The land is currently in the present use value tax deferral program for forestland and also carries a gaming lease. The land is partially cleared but has been replanted and there's plenty of valuable forest close to maturity and ready for clearing. Excellent investment for timber values, contact broker to discuss recent valuations. Given the fast growth of Pittsboro and introduction of Chatham Park, this land also carries great potential as future residential development among other uses. Lot Size: Acres Property entrance about 1 mile off Hwy 64. Located just over 8 miles from downtown Pittsboro and 11 miles from the heart of Siler City. Zoning: R1 - Residential Price / Acre: $5,500 PROPERTY HIGHLIGHTS Over 400 acres Valuable Timber Mgmt Plan in Place Well managed for 60+ years with smart forester oversight Currently carries a hunting lease on the land Over 2,000 SF of paved road frontage Established dirt road and trail system throughout give great accessibility S. P 2

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6 Demographics Map & Report POPULATION 1 MILE 5 MILES 10 MILES Total population 153 4,105 21,047 Median age Median age (Male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES Total households 60 1,624 8,384 # of persons per HH Average HH income $75,595 $73,217 $67,384 Average house value $246,036 $243,115 $245,004 * Demographic data derived from 2010 US Census S. P 6

7 Advisor Bio & Contact JOHNNY WEHMANN PROFESSIONAL BACKGROUND Commercial Broker Hometown: Chapel Hill, North Carolina Johnny Wehmann brings a 13-year background of diverse real estate experience to Real Estate Associates. While Johnny practices commercial brokerage throughout the Triangle, he has found a niche working in Chatham, Durham and Orange Counties. Before joining REA, Johnny was working as a commercial real estate broker with Sperry Van Ness. Prior to that he was at Meridian Realty in Winston-Salem were he worked in commercial property management with a focus on retail and office properties; his clients ranging from local landlords to private equity fund managers. Johnny also spent several years as a Property Manager/Broker-in-Charge focusing on Multi-Family housing with developer/owner, Ticon Properties Durham-Chapel Hill Blvd, Suite C Durham, NC O: C: jwehmann@realestateassoc.com Outside of work, Johnny enjoys spending time with friends and family. He can regularly be found at local music venues and sporting events. He especially loves going on outdoor adventures with his wife Catherine and two dogs, Dash + Emmie. EDUCATION Bachelors of Science Degree in Economics, East Carolina University Graduate, NC Realtors Leadership Academy MEMBERSHIPS & AFFILIATIONS Licensed Real Estate Broker, North Carolina Rising Star Award, Orange-Chatham Association of Realtors Member, Triangle Commercial Association of Realtors Member, Chapel Hill Young Professionals Member, Bull City Business Leaders Volunteer, Mental Health Association of the Triangle S.P7

8 Advisor Bio & Contact NICK LIVENGOOD PROFESSIONAL BACKGROUND Commercial Broker Hometown: Durham, N.C. Nick joined the REA team in A licensed broker and attorney, Nick has broad experience representing sellers, buyers, landlords and tenants in meeting their real estate needs. While pursuing his education, Nick interned with the U.S. Coast Guard JAG, the Durham County District Attorney s Office, and the Office of Regional Counsel - Department of Veteran Affairs. A Durham native, Nick enjoys seeing his hometown grow. Away from the office, he spends time outdoors, enjoying hunting, fishing and playing with his overly energetic lab, Beau. Nick serves on the Caring House Young Professional Board and Durham Academy Alumni Board. EDUCATION 3333 Durham-Chapel Hill Blvd, Suite C Durham, NC O: C: nlivengood@realestateassoc.com Juris Doctor, Elon University School of Law Bachelor of Arts in Political Science, Elon University MEMBERSHIPS & AFFILIATIONS Licensed Real Estate Broker, North Carolina Licensed Attorney, North Carolina Member, North Carolina Bar Association and Durham County Bar Association Member, Urban Land Institute (ULI) S.P8