The team members of the Cape Fear Real Estate Group have helped perform a number of valuations for eminent domain projects located throughout North Carolina. Some of the more notable roadway projects we have worked on are discussed in more detail below:
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Our firm completed 31 appraisals on the cross country project located near Pollocksville, North Carolina. Property types associated with the project included residential land, single family homes and large agricultural and timber tracts. This project featured relocations, parcels with isolated remainders and significant changes in elevation near fly-overs as well as large parcels with separate timber values. This work was completed between February 2014 to July 2014.
Samuel H. Pate and Justin W. Shepperd helped complete 7 reports in an urban setting in the City of Wilmington for the Kerr Avenue widening project. Property types associated with this project included fast food restaurants, convenience stores, drug stores, office buildings and recreational facilities.
Members of CFREG worked on this rural bypass project near Navassa, North Carolina. Valuations were performed on residential, commercial and industrial land, single family homes, mobile homes and commercial buildings. This project featured numerous relocations, parcels with significant proximity issues and parcels located near proposed fly-overs with significant changes in elevation.
David A. Jones, II and Samuel H. Pate facilitated the completion of over 60 reports in Cumberland County for the Legion Road widening project. This urban setting included single family homes, residential land, commercial land, multi-family land, commercial buildings, industrial buildings, apartment complexes and institutional buildings.
Our firm completed 72 appraisals along US 1 near Rockingham, North Carolina. This widening project included appraisals on residential land, commercial land, industrial land, single family homes, mobile homes, commercial buildings, the Rockingham Raceway and Dragway, a CSX railway corridor, industrial buildings and large recreational tracts. During this project Samuel H. Pate completed the valuation of a complex CSX railway corridor using the ATF method. This work was completed from October 2013 to May 2014.
This widening/cross country project was located in Sampson County, North Carolina. Members of CFREG helped complete valuations of residential land, commercial land, single family homes, mobile homes, commercial buildings, industrial buildings and large farm tracts. This project featured numerous relocations, large agricultural tracts with multiple remainders and homes with significant proximity issues.
This widening/cross country project was located near Autryville and Roseboro in a rural section of eastern North Carolina. The members of CFREG performed valuations of residential land, commercial land, single family homes, mobile homes, commercial buildings, industrial buildings and large agricultural tracts.
Samuel H. Pate and David A. Jones, II completed 8 appraisals associated with the relocation of the Blackwell Road and River Road intersection in Belville, North Carolina. Property types associated with the project included commercial land and retail buildings.
Justin W. Shepperd performed a number of valuations along NC Highway 24 near Stedman, North Carolina. Property types appraised included residential land, single family homes, and large agricultural tracts.
David A. Jones, II, Samuel H. Pate and Justin W. Shepperd facilitated the completion of 16 reports in Cumberland County for the Spring Lake bypass project. This urban project included valuations of single family homes, commercial land, retail buildings, medical office buildings, a motel, industrial buildings and institutional buildings.
This urban widening project dissected an established mixed use neighborhood located along Piney Green Road in Jacksonville, North Carolina. Valuations were performed on residential and commercial land, single family homes, mobile homes, commercial buildings and institutional buildings.
Samuel H. Pate helped complete 4 reports in Onslow County for the Piney Green Road widening project near its intersection with NC Highway 24. Property types included multi-tenant commercial buildings and convenience stores
The US Highway 17 (Jacksonville Bypass) project was for the construction of a new road which dissected a high-end retail and office neighborhood located along a growing commercial corridor. David A. Jones, II completed 50+ reports on this project, but because of delays in engineering and roadway design, the appraisal work for this project was spread out over a two year period.