Residential Development Opportunity

Lake Front Property

Lakeview Farms - Lake Front Property

21 27 Huntersville 221 ± Acres 16 115 77 B e a tt 279 ie Gaston s 2801 South Point Road F 321 Stanley o r d R d Ke Belmont, NC 28012 275 lly 16 R 273 d 21 275 279 No les Dr 485 Dallas d 27575 R 2 e 321 e 27 tr Bessemer City Spencer Mountain h c a 77 274 16 e Mount Holly P 1 Mount Holly 27 1616 Ranlo R 1 oz ze 85 ll d 273 2 e 7 s $80,000 Per Acre R 27 85 29 74 85 F 29 74 d r Lowell e o D Lowell r ry o d 85 w McAdenville 27 R n Gastonia u McAdenville i db 74 d LD 321 e R t 7 29 Tuckaseege a S e Rd v lvd on B in 9 is Hu ds a 5 292 Pa M th rk Cramerton S Rd t Caldwell Rose Kendric 279 Belmont k R 277 d d r R 499 D ty 4 s

704-375-1000 a 273 485 160 g e South Gastonia B n South Gastonia i Charlotte K [email protected] Development Site 160 e 49 v T A Sho y p n ton v Rd o la Rd y 49 lw 321 e S A 499 273 rr 4 hd ow Arc ale oo Dr d Lake d 77 R York R d n 555 Wylie W o NAI Southern Real Estate 5 Wylie estin 485 r g a h d 274 ou h Mecklenburg se R S B rd lv o 4201 Congress Street, Suite 170 557 d F 161 s 49 d d n R 557 o R i l t k e Clover a r Charlotte, NC 28209 a m N r P a C 321 55 51 www.srenc.com 160 21 49 Pineville

161 Lake Front TABLE OF CONTENTS Residential Development Opportunity

Lakeview Farms

I. Disclaimer...... 1

II. Lakeview Farms Overview...... 2

III. Area Map...... 3

IV. Utilities Infrastructure...... 4

V. Site Plan...... 5

VI. McLean Development ...... 6

VII. Lake Wylie...... 9 Lake Front DISCLAIMER Residential Development Opportunity

This Offering Memorandum was prepared by NAI Southern Real Estate Company of Charlotte Inc. (“Broker”) solely for the use of prospective purchasers of the real property commonly known as Lakeview Farms (the “Property”) located near Belmont, . Neither the Broker nor Lakeview Farms Inc. (“Owner”) make any representation or warranty, expressed or implied, as to the completeness of the accuracy of the material contained in the Offering Memorandum.

Prospective purchasers of the Property are advised (i) that changes may have occurred in the physical or financial condition of the Property since the time this Offering Memorandum was prepared and (ii) that the projections contained herein were made by Broker and not by Owner and are based upon assumptions of events beyond the control of Broker and Owner, and therefore may be subject to variation. No representation is made by NAI Southern Real Estate Company of Charlotte, Inc. or the Owner as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied on as a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, the Owner and its employees disclaim any responsibility for inaccuracies, and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, NAI Southern Real Estate Company of Charlotte Inc., the Owner and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in or for omissions from the Memorandum or any other written or oral communication transmitted or made available to the recipient. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property of the Owner since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum is solely the responsibility of the prospective purchaser.

The Offering Memorandum is a solicitation of interest only and is not an offer to sell the Property. The owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the property and expressly reserve the right, at their sole discretion, to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase the Property unless and until such offer for the Property is approved by Owner pursuant to its Investment Committee authorities and the signature of a duly authorized signatory of Owner is affixed to a Real Estate Purchase Agreement prepared by Owner.

This Offering Memorandum is confidential. By accepting the Offering Memorandum, you agree (i) that you will hold and treat the Offering Memorandum and its contents in the strictest confidence, (ii) that you will not photocopy or duplicate any part of the Offering Memorandum, (iii) that you will not disclose the Offering Memorandum or any of its contents to any other entity without the prior authorization of the Owner, and (iv) that you will not use the Offering Memorandum in any fashion or manner detrimental to the interest of the Owner or Broker.

If you have any further interest in the Property, we request that you prepare a Letter of Intent outlining the terms under which you are prepared to move forward. Lake Front PROPERTY OVERVIEW Residential Development Opportunity

LAKEVIEW FARMS

Lakeview Farms encompasses +/- 221 beautifully rolling acres on Lake Wylie near Belmont, North Carolina. With its proximity to Charlotte, North Carolina, Lakeview Farms provides an excellent opportunity for development as our region experiences tremendous growth through the I-85 west corridor.

Successes of neighboring developments such as the new McLean development currently under construction in multiple phases and Reflection Pointe lend great momentum to the possibilities of developing Lakeview Farms. Its location near Belmont and Stowe Botanical Gardens provide for an excellent place to live and raise a family.

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70410 Lake Front AREA MAP Residential Development Opportunity

321 21 S R 275 D S M D S M 27 S A C 16 274 279 P C R 77 R 27 R M R B C N R M W M 321 7 7 S 485 2093 R M C R C L R S 85 A US N 279 2000 R 1307 S 27 29 85 L A L F 1135 273 W R R L R M 1122 MA C S A B 29 85 R D T F N A 74 27 L L 321 L R R 29 R 1136 T 29 A S D S S 74 B 85 P B R S B S N A M 277 T P O S B B B S R D R C 29 T C R S L 74 R R R K R C R 277 A 160 E C D 27 160 R B S D R I A 74 R 273 I B 279 T S C W K M 77 R M R R S C R 49 W R L F 485 A D S 160 R C W S B R A S R T B R A R

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S C T D S 49 R W A A S R D S D L F 321 L R R R P R W S 55 P R A P 16 W R S R B T S B 274 C D 160 R S L W S R 557 Y L W F R L 49 C C R C 77 R

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49 C R R R P B 55 C M 51 R R M 51 P 321 L Y R 274 C 49 R 77 21 485

98 P C 521 160 L B C Lake Front UTILITY INFRASTRUCTURE Residential Development Opportunity

WATER

There is a 12” water main line running along South Point Road

SEWER

There is a 12” sewer line running along South Point Road.

If Belmont water and sewer are utilized, an annexation will be required into Belmont city limits.

Contact persons for Belmont, NC: Public Works: David Eisenhour 704-825-0506 Planning/Zoning: Brad Priest 704-901-2067 Lake Front PRELIMANARY SITE PLAN CONCEPTUAL Residential Development Opportunity Lake Front MCLEAN DEVELOPMENT Residential Development Opportunity Lake Front MCLEAN DEVELOPMENT Residential Development Opportunity Lake Front MCLEAN SITE PLAN Residential Development Opportunity Lake Front ABOUT LAKE WYLIE Residential Development Opportunity

LAKE WYLIE IS GROWING FAST!

Lake Wylie is a growing community. As more people are calling it home every day residents in the area are looking to improve the vacation atmoshpere that comes with living on a lake.

This mainly unincorparated area will soon see new development by local businesses and infrastructure improvements through government funding.

The lake already offers great outdoor activites such as golf, boating and fishing as well as plenty of hiking and other outdoor activities. More attractions are in the works.

Minutes away from downtown Charlotte, NC you will find beautiful, tranquil Lake Wylie. A part of the system, Lake Wylie lies on the borders of both North and . Its 324 miles of shoreline meanders through four of the Carolinas’ most beautiful counties.

Residents and visitors find sandy beaches ideal for swimming, fishing, boating, sailing and water skiing. Paddle boats and canoes are available for rent at McDowell Park for those who like exploring the shorelines and coves which surround the Lake.

When not enjoying the waters of Lake Wylie, residents and visitors can experience hiking trails at McDowell Park and the walking paths of the world class Stowe Botanical Gardens.

Bird watchers will enjoy the myriad variety of feathered friends such as the ibis, green heron, mallards, woodpeckers, jays, wrens, cardinals, finches and spectacular red tailed hawks are some examples.

Outdoor sports such as golf and tennis are available to residents and guests almost year ‘round along with seasonal game hunting.

Within easy driving distance of Lake Wylie, you will find King’s Mountain National Military Park, historic York, SC and The Andrew Jackson Memorial and Museum of the Waxhaw in Waxhaw, NC. In historic Pineville you will find the James K. Polk Memorial. This is the reconstructed 1795 birthplace of the 11th President of the United States. The nearby towns of Pineville, Waxhaw, York and clover are meccas for the antique lover. Lake Front ABOUT LAKE WYLIE Residential Development Opportunity

Lake Wylie is located on the North and South Carolina border near Charlotte. It is the oldest lake of the eleven on the Catawba River Chain. It was originally named Catawba Lake and it was formed with the construction of the Wylie Dam in 1904.

The long Lake Wylie stretches 32 miles from the Mountain Island Dam on the northern end to the Wylie Dam on the southern end.

The Lake Wylie area is a growing community with a number of towns nearby. You can enjoy the quiet resort style living as well as all that nature on the lake has to offer. New resaurants and shops are soon to be available for you to enjoy. Keep coming back for the latest news and updates too!

The summer events are planned along with the annual festivities held every year. The lake has seven recreational parks on the water to enjoy fishing, paddleboat rentals, nature trails and other fun activities.

General Lake Information:

- 325 miles of shoreline bordering both North and South Carolina - 13,443 surface acres of water - 94 feet deep at maximum depth - 23 feet average depth Lake Front LAKE WYLIE Residential Development Opportunity

Lakeview Farms Lake Front Residential Development Opportunity

NAI Southern Real Estate Caldwell Rose 4201 Congress Street, Suite 170 President [email protected] Charlotte, NC 28209 704-375-1000 www.srenc.com