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 />
|