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Agenda 01-26-2018 Attachment 2 - Economic Development Site Related SWOT Analysis
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Agenda 01-26-2018 Attachment 2 - Economic Development Site Related SWOT Analysis
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1/23/2018 3:42:34 PM
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BOCC
Date
1/26/2018
Meeting Type
Special Meeting
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Agenda
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Attachment 2
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Agenda - Retreat - 01-26-2018
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\Board of County Commissioners\BOCC Agendas\2010's\2018\Agenda - 01-26-2018 Retreat
Minutes 01-26-2018 Retreat
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\Board of County Commissioners\Minutes - Approved\2010's\2018
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Relative Comparison of Real <br />Estate Pricing <br />Low <br />Average <br />Average Relative to <br />($ per Acre) <br />($ per Acre) <br />($ per Acre) <br />Orange <br />Orange <br />$85,000 <br />$27,512 <br />$51,681 <br />Alamance <br />$51,563 <br />$12,138 <br />$33,809 <br />Orange is 53% <br />higher <br />Durham <br />$62,758 <br />$23,056 <br />$40,774 <br />Orange is 27% <br />higher <br />. . <br />pNCE �� <br />eQs <br />• <br />�� <br />ORANGE <br />P <br />t1l, <br />COUNTY <br />CPN <br />NORTH CAROLINA <br />T I M M O N S GROUP S` <br />NAICarolantic Realty 37 ORANGE COUNTY <br />Copyright <br />P7'�'�g <br />NORTH CAROLINA <br />Timmons Group All Rights Reserved <br />County <br />High <br />Low <br />Average <br />Average Relative to <br />($ per Acre) <br />($ per Acre) <br />($ per Acre) <br />Orange <br />Orange <br />$85,000 <br />$27,512 <br />$51,681 <br />Alamance <br />$51,563 <br />$12,138 <br />$33,809 <br />Orange is 53% <br />higher <br />Durham <br />$62,758 <br />$23,056 <br />$40,774 <br />Orange is 27% <br />higher <br />Buckhorn EDD — Optimistic Build Out 3.1 M SF <br />Why are projects NOT locating here? <br />• Adjacent Residential Development <br />• Adjacent to Schools / Soccer Fields <br />• Limited access due to rail on north <br />side of interstate <br />• Lack of Water & Sewer <br />• Land costs significantly higher than <br />competing sites in adjacent locals <br />E E <br />T I M M O N S GROUP _ NAI Carolantic Realty <br />Copyright Gc 2012 -2018 <br />Timmons Group All Rights Reserved <br />ORANGE COUNTY <br />NORTH CAROLINA <br />1/22/2018 <br />19 <br />
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