This prime property is only 13 miles from the heart of Charlotte, NC, and enjoys easy access from US Interstates I-485, I-85 and I-77, via Route 49, a major five lane thoroughfare. The property is zoned I-1 industrial and offers numerous potential uses, including automobile race car and parts manufacturing. The gently rolling topography offers excellent building sites. All public utilities are available. The property has road frontage on two public streets, in addition to other deeded accesses. Rail access is potentially available from Norfolk Southern Railroad, which adjoins the property’s southern boundary.

Local Information: Harrisburg lies along North Carolina Hwy. 49, a major thoroughfare in Cabarrus County, home of the 167,000 seat capacity Lowe’s Motor Speedway (only five minutes from the property), host to numerous NASCAR races, car shows and special events. Cabarrus County is a hotbed for the NASCAR industry, which is a five billion dollar segment of the North Carolina State economy.

Concord Mills, located only five miles from the property, is North Carolina’s number one visitor attraction and number one shopping and entertainment destination featuring over two hundred stores.

Charlotte is the largest North Carolina City and the twentieth largest City in the United States. The Charlotte metropolitan area is the second largest financial and banking center in America and a convention and trade show destination. Charlotte is the fifth fastest growing large US City and the fastest growing US City on the East Coast. The Charlotte metropolitan area population, as of the 2006 census, is more than 1,583,000 people.

Acreages:
Lot 1: 12.8389± acres
Lot 2: 24.6078± acres
Lot 3: 17.1268± acres
Lot 4: 14.4818± acres
Lot 5: Swing Tract - 10.1550± acres

Note: Lot 5, which lies south of the Norfolk Southern Railroad from the majority of the subject property, offers potential uses including, open space, mitigation area and storm water retention. Lot 5 may only be purchased by an adjoining land owner and must be combined into the adjoining parcel. Lot 5 may only be bid on in combination with either auction Lot 2, auction Lot 3, or individually by any other adjoining land owner. The successful bidder of Lot 5 will be required to complete the necessary process of combining it into their adjoining property by preparing and recording a combination map showing Lot 5 being recombined into their existing parcel.

Directions:

From Charlotte N.C. at the intersection of I-77 and I-85 go north on I-85, follow 4.1 miles and take Exit 42 for Routes 29 and 49 north. Follow signs to Route 49 north. Proceed North on Rt 49 for 6.5 miles to Harrisburg and turn right at the intersection of Cedar Street at the SECU (State Employees Credit Union). Follow to end of pavement, to west property entrance. To reach the center, deeded entrance, go back to Route 49, turn right, follow .2 mile and turn right at the entrance to Providence Baptist Church. Continue straight. Property begins at the back of church parking lot. To reach the eastern entrance, go back to Route 49, turn right, follow .1 mile, turn right on Z-Max Boulevard. Follow to property at end of road.

Property address is 5315 Hwy. 49 S., Harrisburg, NC, 28075

Directions to Sale Site: Hibernian Hall, 4100 Main Street, Suite 110, Harrisburg, NC 28075.
From the subject property: Turn right or North on NC Route 49, follow approximately 1.2 miles. Turn left onto Main Street. Follow approximately .2 miles to Hibernian Hall.

Documents:

Phase 1 (PDF format 4.4MB)
Phase 2 (PDF format 1MB)
Plat (PDF format 2MB)
Plat with Topo (PDF format 3MB)
Geotechnical Report (PDF format 4.5MB)
Title Policy (PDF format 333kB)
Zoning and Permitting Procedures - Article 3 (PDF format 137kB)
Principal Uses In Zoning Districts - Article 4 (PDF format 2.3MB)
Supplemental Use Regulations - Article 5 (PDF format 223kB)
Site Design Standards - Article 11 (PDF format 99kB)
U.S. Army Corps or Engineers Notification of Jurisdictional Determination (PDF format 255kB)
Wetlands Delineation Map (PDF format 208kB)
Development Plan on Topo With Wetlands Delineated (PDF format 768kB)
Real Estate Purchase Agreement (PDF format 56kB)

Auction Terms and Conditions:

1. REGISTRATION: Bids will be accepted only from registered bidders. Registration begins at sale site, Hibernian Hall, at 5:00 PM. Please bring a driver’s license for identification.
   
2. TERMS OF SALE: All property is sold “AS IS, WHERE IS.” Bidders should perform such independent investigation with respect to the property as they deem necessary or appropriate. ALL SALES ARE FINAL. The Property is being sold subject to Seller confirmation.
   
3. AGENCY: THE AUCTION COMPANY AND ITS REPRESENTATIVES REPRESENT THE SELLER.
   
4. ANNOUNCEMENTS: Announcements day of sale take precedence over all prior releases, verbal and written, concerning this sale.
   
5. BIDDING: Qualified bidders may bid on individual tracts, groupings of tracts or on the whole property. The auctioneer will determine bid increments. All decisions by the auctioneer are final.
   
6. BUYER’S PREMIUM: A Buyer’s Premium will be charged. The Buyer’s Premium is five percent (5%) of the high bid amount. The Buyer’s Premium is added to the high bid amount to determine the sale price.
   
7. DEPOSIT: A deposit in the amount of ten percent (10%) of the sale price (high bid plus Buyer’s Premium) will be required on day of sale. The deposit is payable by cash, cashier’s check, or pre-approved personal check made payable to Woltz & Associates, Inc.. Personal checks will be approved if the Buyer presents, at time of registration, a letter from its bank stating that the Buyer is a customer of the bank and that the account on which the check is drawn is in good standing.
   
8. CLOSING DATE: The balance of the purchase price is due at settlement on or before March 27, 2008.
   
9. TRANSFER OF TITLE: The real estate will be conveyed by special warranty deed free and clear of liens subject, however, to any rights of way, easements, conditions and restrictions of record.
   
10. BIDDER PACKET: A Bidder Packet with information regarding the property shall be available from the Auction Company. This information is also available on line at www.woltz.com.
    
11. BOUNDARY LINES AND OTHER INFORMATION: Boundaries shown on aerial photographs and topographic maps, provided by the Auction Company as a courtesy to prospective bidders, are approximate. Bidders should refer to the survey provided in the Bidder Packet for boundary locations. The information contained in this brochure is subject to verification by parties relying upon it. No liability for its accuracy, errors or omissions is assumed by the Auction Company or Seller.