FOR SALE THE FOLLOWING PROPERTY IS BEING OFFERED FOR SALE BY THE STATE OF NORTH CAROLINA BRISTOL DRIVE, STATESVILLE, NC SPO FILE #049-WF

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1 FOR SALE THE FOLLOWING PROPERTY IS BEING OFFERED FOR SALE BY THE STATE OF NORTH CAROLINA BRISTOL DRIVE, STATESVILLE, NC SPO FILE #049-WF Open for bids beginning April 24 ending on May 8, LOCATION: Bristol Drive, Statesville, Iredell County. The Property fronts ±107 feet along Bristol Drive with ±1,069 feet of frontage along Westminister Drive in west Statesville. Tax Parcel Number: , Deed Book 1062 Page 1527, Iredell County Registry. LAND AREA: ±46.25 acres gross and easements of record. The subject property is located in FEMA flood zone X, which is not classified as a flood zone area, Flood Hazard Map J, with an effective date of March 18, ZONING: Currently zoned B-5 (General Business District), with a highest and best use indicated by appraisal to be Industrial use. NEIGHBORHOOD DATA: The subject site is served by public electricity and has access to city water and sewer as well as natural gas. IMPROVEMENTS: Nothing of value. For more information contact: Everette Moore, State Property Office at or visit our website at THE PROPERTY WILL BE SOLD BY THE SALE PROCEDURE ATTACHED.

2 SALE PROCEDURE REAL PROPERTY ± Acres of Land, Statesville, Iredell County, North Carolina Bid Procedure (1) The property will be advertised for sale and bids shall be received beginning immediately and continue until 5 o clock PM on May All bids must be delivered to and received by the State Property Office, Room 4055, Administration Building, 116 West Jones Street, Raleigh, North Carolina, on or before May 8, 2017 at 5 o clock PM, eastern standard time. Bids may be mailed to Director, State Property Office, Administration Building, 1321 Mail Service Center, Raleigh, NC All bids must be received within the prescribed time and posting in the U.S. Mail shall not be considered as meeting this requirement. A certified or cashier s check for no less than 5% of the bid shall accompany all bids. Unless the bid is accompanied by a certified or cashier s check, it shall not be considered. The checks should be made payable to the State of North Carolina. (2) After initial bids have been received, and the high bid has been determined by the State Property Office, interested parties will be notified of the high bid in order that they may have an opportunity to raise that bid. The bid must be raised by a minimum of 5% of the high bid. Any upset bid must be accompanied by a certified or cashier s check in the amount of 5% of that bid and must be in the State Property Office by the prescribed time. The upset bid period will be ten days. At the end of the upset period, the State Property Office will determine the bid and once again all bidders will be notified of the high bid so that they may have an opportunity to raise the bid. This procedure will continue until there are no further raises. (3) The Department of Administration reserves the right to reject any and all bids. In the case of identical bids, the Department of Administration, in its sole discretion, will determine which bid shall be recommended for acceptance as the high bid. (4) All sales of State lands are subject to the approval by the Council of State. The Council of State, at its sole discretion, may reject or accept any bids or offers made for the sale of State lands. (5) The State of North Carolina conveys land by deed without warranty. A description of property offered for sale is available at the State Property Office so that a prospective purchaser may make such examination of the title as he desires. All deeds, after approval by the Council of State, will be executed in the manner prescribed by Chapter 146 in the General Statutes of North Carolina. (6) The State of North Carolina makes no representations or warranties concerning the property, title of the property, the boundaries of the property, the uses to which the property may be put, or any physical, environmental, health or safety conditions relating to the property. Any prospective buyer is advised to make his own independent investigations of these matters, and any responsibilities or liabilities arising out of or relating to such matters expressly are disclaimed by the State of North Carolina. The State of North Carolina is not responsible for any cost incurred by prospective purchasers. The property shall be sold as is, where is. (7) The property shall be sold for cash upon delivery of the deed. Once a high bid has been determined and accepted, the 5% deposit will be held as an earnest money deposit. If the high bidder subsequently fails, refuses or is unable to close the transaction at time of delivery of the deed, the State may retain the earnest money deposit as liquidated damages. (8) All bids must be submitted on the attached Offer to Purchase Form.

3 STATE OF NORTH CAROLINA DEPARTMENT OF ADMINISTRATION OFFER-TO-PURCHASE FORM SURPLUS REAL PROPERTY ± Acre Improved Tract of Land, Statesville, Iredell County, North Carolina I,, hereby submit an offer in the amount of $ (U.S. Dollars) on the real property located in Iredell County, and further identified as: Bristol Drive, Statesville, Iredell County. The Property fronts ±107 feet along Bristol Drive with ±1,069 feet of frontage along Westminister Drive in west Statesville. Tax Parcel Number: , Deed Book 1062 Page 1527, Iredell County Registry. I fully understand in making this offer that in order to be considered, it must be received by the State Property Office, Department of Administration, with a certified or cashier's check or other certified funds in the amount of $, made payable to the State of North Carolina, which represents a deposit of not less than five (5%) percent of this offer. If my offer is accepted and I fail and/or refuse, or am unable to close the transaction at time of delivery of deed, my deposit will be retained as liquidated damages. It is understood that the balance of the accepted offer will be due upon delivery of duly executed deed. All offers are subject to acceptance or rejection at the discretion of Department of Administration and/or Council of State. All offers accepted are subject to final approval by Council of State. Signature. Address: Phone: Grantee Name(s) to appear on deed N.C.G.S (4): ; Eff. January 1, 1977

4 BRISTOL DRIVE (+/ ACRES) Sources: Esri, HERE, DeLorme, USGS, Intermap, increment P Corp., NRCAN, Esri Japan, METI, Esri China (Hong Kong), Esri (Thailand), MapmyIndia, OpenStreetMap contributors, and the GIS User Community, Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/Airbus DS, USDA, USGS, AEX, Getmapping, Aerogrid, IGN, IGP, swisstopo, and the GIS User Community, Esri, HERE, DeLorme, MapmyIndia, OpenStreetMap contributors, and the GIS user community Statesville Iredell County Feet ,520 2,280 3,040 I

5 Appraisal Card IREDELL COUNTY 11/16/2016 8:58:58 AM STATE OF NORTH CAROLINA Return/Appeal Notes: Parcel: BRISTOL RD PLAT: / UNIQ ID COUNTY (100), COUNTY FIRE (100) CARD NO. 1 of 1 Reval Year: 2015 Tax Year: 2016 SR AC SRC= Appraised by 41 on 01/01/ INDUSTRIAL BLVD IND TW-01 CI- FR-60 EX-1 AT- LAST ACTION CONSTRUCTION DETAIL MARKET VALUE DEPRECIATION CORRELATION OF VALUE TOTAL POINT VALUE BUILDING ADJUSTMENTS USE MOD Eff. Area QUAL BASE RATE RCN EYBAYB CREDENCE TO TOTAL ADJUSTMENT % GOOD DEPR. BUILDING VALUE - CARD 0 FACTOR TYPE: COMMERCIAL DEPR. OB/XF VALUE - CARD 0 TOTAL QUALITY INDEX MARKET LAND VALUE - CARD 707,630 STYLE: TOTAL MARKET VALUE - CARD 707,630 TOTAL APPRAISED VALUE - CARD 707,630 TOTAL APPRAISED VALUE - PARCEL 707,630 TOTAL PRESENT USE VALUE - PARCEL 0 TOTAL VALUE DEFERRED - PARCEL 0 TOTAL TAXABLE VALUE - PARCEL 707,630 PRIOR BUILDING VALUE 0 OBXF VALUE 0 LAND VALUE 707,630 PRESENT USE VALUE 0 DEFERRED VALUE 0 TOTAL VALUE 707,630 PERMIT CODE DATE NOTE NUMBER AMOUNT ROUT: WTRSHD: SALES DATA OFF. RECORD DATE DEED INDICATE SALES BOOK PAGE MOYR TYPE Q/U V/I PRICE DS Q V WD X V 0 HEATED AREA NOTES FR '98 SUBAREA UNIT ORIG % SIZE ANN DEP % OB/XF DEPR. GS RPL CODE QUALITY DESCRIPTION COUNT LTH WTH UNITS PRICE COND BLDG# FACT AYB EYB RATE OVR COND VALUE TYPE AREA % CS TOTAL OB/XF VALUE 0 FIREPLACE SUBAREA TOTALS BUILDING DIMENSIONS LAND INFORMATION HIGHEST AND USE LOCAL FRON DEPTH LND OTHER ADJUSTMENTS AND COND NOTES ROAD LAND UNIT TOTAL LAND UNT TOTAL ADJUSTED LAND OVERRIDE LAND BEST USE CODE ZONING TAGE DEPTH / SIZE MOD FACT RF AC LC TO OT TYPE PRICE UNITS TYP ADJST UNIT PRICE VALUE VALUE NOTES INDUSTRIAL 0600 B , AC , UP WS UND TOTAL MARKET LAND DATA ,630 TOTAL PRESENT USE DATA 8:59:37 AM]

6 01 NCAC 06B.0304 :PROCEDURE FOR SALE OF STATE LAND The following procedure is used when surplus state-owned property is offered for sale by bid: 1) All state land will be advertised for sale unless waived by the Council of State. An advertisement is placed in a newspaper of general circulation, allowing 15 days for interested parties to bid. All bids must be forwarded to the Director, Division of State Property, Room 4055 Administration Building, 116 West Jones Street, Raleigh, North Carolina and must be accompanied by a certified or cashier's check for no less than five percent of the bid, payable to the "State of North Carolina." 2) After initial bids have been received, all interested parties will be notified of the high bid in order that they may have an opportunity to raise same. If not raised within 10 days, the Director of the Division of State Property will determine if the high bid should be accepted. All raises must be received within the 10 day period. 3) The bid may be raised by an amount of not less than five percent of the circulated high bid. Such a bid, together with a certified or cashier's check of not less than five percent of the bid, should be forwarded to the Director of the Division of State Property. A raise of exactly five percent may result in duplicate bids, thus a bid in excess of five percent is safer. If the bid is raised, the matter will be held open an additional 10 days for further raises. This procedure will continue until there are no further raises. 4) The Director of the Division of State Property reserves the right to reject any and all bids. In the case of identical bids, the director will determine which bid shall be recommended for acceptance. Any bid which is for less than the advertised minimum bid figure, not accompanied by a certified or cashier's check, or does not reach the Division of State Property by the prescribed time, will automatically be rejected. 5) All sales of state lands are subject to the approval of the Council of State, which, at its sole discretion, may reject or accept any bids or offers. 6) The State of North Carolina conveys land by deed without warranty or by quitclaim deed. A description of the property is available at the Division of State Property. All deeds, after approval by the Council of State, will be executed in the manner prescribed by Chapter 146 of the General Statutes of North Carolina. 7) The State of North Carolina makes no representations or warranties concerning the title to the property, or the boundaries of the property, or the uses to which it may be put. Any prospective buyer is advised to make his own independent investigation of these matters. 8) All properties are sold for cash upon delivery of the deed. Once a high bid has been accepted, the five percent deposit will be held as an earnest money deposit. If the bidder subsequently fails, refuses or is unable to close the transaction at time of delivery of the deed, the state may retain the earnest money deposit as liquidated damages. History Note: Authority G.S (4); ; ; : Eff. February 1, 1976; Readopted Eff. February 27, 1979.