Orange County NC Website
Industrial Investment & Trends <br />• Morinaga: $48 Million for 120,000 SF ($400 per SF) <br />• Water & Sewer Requirements: 40,000 GPD <br />• Site Size: 21 acres <br />✓ Adjacent Parcel: 55 acres <br />✓ Potential Build -out: 360,000 SF (3 Morinaga's) <br />Industry <br />$ /SF <br />Investment <br />Potential <br />Investment <br />Potential Annual Tax <br />Revenue <br />Existing W &S <br />Capacity? <br />Retail / Office / Commercial <br />$150 <br />$54,000,000 <br />$452,358 <br />Yes <br />Logistics /Distribution <br />$200 <br />$72,000,000 <br />$603,144 <br />Yes <br />Food & Beverage <br />$400 <br />$144,000,000 <br />$1,206,288 <br />Marginal <br />Manufacturing /Bio <br />$600 <br />$216,000,000 <br />$1,809,432 <br />Marginal <br />IT /Data Centers <br />$1,200 <br />$432,000,000 <br />$3,618,864 <br />No <br />•••• <br />TIMMONS GROUP <br />Copyright ® 20122018 <br />Timmons Group All Rights Reserved <br />ro ntic Realty 29 ORANGE COUNTY <br />0 N�ICa la <br />NORTH CAROLINA <br />What can Economic Development afford the County? <br />A realistic scenario... <br />Capital Investment <br />Capacity (20 yrs @ 4%) <br />$100,000,000 <br />Real Estate Tax Rate: <br />$0.8377 per $100 <br />$200,000,000 <br />$1,675,400 <br />$23,040,000 <br />$300,000,000 <br />$2,513,100 <br />$34,560,000 <br />$400,000,000 <br />$3,350,800 <br />$46,080,000 <br />$500,000,000 <br />$4,188,500 <br />57,600,000 <br />$600,000,000 <br />$700,000,000 <br />$5,026,200 <br />$5,863,900 <br />$69,120,000 <br />$80,640,000 <br />$800,000,000 <br />$6,701,600 <br />$92,160,000 <br />$900,000,000 <br />$7,539,300 <br />$103,680,000 <br />$1,000,000,000 <br />$8,377,000 <br />$115,200,000 <br />T I M M O N S GROUP _ NAICarolantic Realty <br />30 ORANGE COUNTY <br />Copyright ® 2012 - 2018 <br />NORTH CAROLINA <br />Timmons Group All Rights Reserved <br />Real Estate Investment <br />Annual Tax Revenue <br />Capital Investment <br />Capacity (20 yrs @ 4%) <br />$100,000,000 <br />$837,700 <br />$11,520,000 <br />$200,000,000 <br />$1,675,400 <br />$23,040,000 <br />$300,000,000 <br />$2,513,100 <br />$34,560,000 <br />$400,000,000 <br />$3,350,800 <br />$46,080,000 <br />$500,000,000 <br />$4,188,500 <br />57,600,000 <br />$600,000,000 <br />$700,000,000 <br />$5,026,200 <br />$5,863,900 <br />$69,120,000 <br />$80,640,000 <br />$800,000,000 <br />$6,701,600 <br />$92,160,000 <br />$900,000,000 <br />$7,539,300 <br />$103,680,000 <br />$1,000,000,000 <br />$8,377,000 <br />$115,200,000 <br />1/22/2018 <br />15 <br />