FFOORR SSAALLEE

LLAANNDD OOPPPPOORRTTUUNNIITTYY

+/- 79 Acres Prime Commercial / Industrial Site

REVMAN INDUSTRIES

6002 Cannons Campground Road, Cowpens, SC

Prepared by…

Bobby Lyons, CCIM, AARE President

The Lyons Group, LLC

1

T A B L E OF C O N T E N T S

The Property Overview……………………………………………………... Page 1

Property Specifications / Broker Contact Info. …………… Page 2

Aerial Photos…………………………………………………..Page 4 Location Map …………………………………………………Page 6 Survey …………………………………………………………Page 7 Market Overview…………………………………………………. Page 8-11

2

PROPERTY SPECIFICATIONS

THE OPPORTUNITY: Prime Industrial Tract Cherokee County, SC PROPERTY ADDRESS 6002 Cannons Campground Road Cherokee County, Cowpens, SC 29330 SITE: 78.98 Acres 2,464 lineal feet of frontage on Interstate 85 Excellent visibility from Interstate 85 Great topography LOT DIMENSIONS (Approx.): 2,464’ x 1,250’ LEGAL DESCRIPTION: Tax Map No. 029-00-00-034.042 (Parcels 38 thru 46) IMPROVEMENTS: Small residential house on approx. 0.50 acres.

Tenant is on a month to month lease basis and can be evicted with a 30 day notice.

ZONING: No zoning in Cherokee County, SC. ASKING PRICE: $1,195,000 LEASE RATE: N/A POSSESSION: Immediate UTILITIES: POWER SUPPLIER: Duke Power WATER SUPPLIER, SIZE OF LINE: Macedonia Water Co., 6” to site NATURAL GAS SUPPLIER, SIZE OF LINE: Piedmont Natural Gas in the area. Verbal

confirmation of gas availability for approved user.

SEWER SUPPLIER, SIZE OF LINE: None.

3

812 East Main Street; Spartanburg, SC 29302 864-583-0094 office 864-583-0059 facsimile 864-590-3476 mobile blyons@lyonsgroupllc.com E-Mail www.lyonsgroupllc.com Corporate Website Contact: Bobby Lyons, President

PROPERTY SPECIFICATIONS (cont.) COMMENTS: Former Sunny Slope Farms Property. Has been used as a peach

orchard since the 1950’s. Excellent opportunity for developers or users. Great access to Interstate 85 interchanges. A must see property!!

**Proposed interchange to be placed at location seen on Aerial

View page (see next page) to service a proposed 600 acre industrial park across the interstate which is being developed by a cooperative effort of Cherokee County and Spartanburg County, SC. Both counties are lobbying local political leaders to construct this interchange to service the transportation needs of the proposed park. If the interchange becomes a reality, the land prices of this tract (in my opinion) would increase dramatically from the current asking sale price.

Exclusive Listing Agent:

4

Expanded Aerial View

5

Closeup Aerial View

6

Property Location

7

SITE PLAN/SURVEY

8

MARKET OVERVIEW THE MARKET Located in the heart of the Southern United States, the nation’s fastest- growing region, Cherokee County enjoys a thriving and profitable local economy, and an abundance of natural and manufactured resources. Cherokee County sits in a prime location just off I-85 between Charlotte, North Carolina and Greenville/ Spartanburg, South Carolina, two of the nation's fastest growing metropolitan areas. The county has easy access to all the Southeast's major markets, as well as most of the major markets on the East Coast and many of the Midwest. Charlotte Douglas International Airport and Greenville - Spartanburg International Airport are both within 45 miles and the mainline of Norfolk Southern Railroad runs through Cherokee County.

The Port of Charleston is easily accessible via major highways. The city of Gaffney is the county seat, and Blacksburg is the second largest city in the county.

The County offers an unbeatable combination of such factors as an abundant and educated work force, a highly diversified industrial base, a high standard of living and quality of life, a pro-business attitude on the part of business leaders and government officials, a positive work ethic, customized training by South Carolina Special Schools, and easy access to transportation routes.

Add in the county’s beautiful setting in the foothills of the Appalachian Mountains, and the excellent quality of life available to residents, and Cherokee County becomes the perfect choice for business establishment, relocation or expansion.

9

MARKET OVERVIEW (CONT.)

Taxes and Tax Incentives Corporate Income Tax At 5% South Carolina has the lowest corporate income tax rate in the Southeast, and one of the lowest in the nation. The starting point in determining South Carolina taxable income is the corporation's federal taxable income. The license fee rate is .001 % of the corporation's capitalization, plus $15.00. The corporation's capital stock and paid in surplus are subject to this tax. The minimum license fee is $25.00 and paid in advance.

Corporate Income Tax Credts

• Tax credits for new jobs

• Tax credits for corporate headquarters facilities

• Tax credits for providing child care benefits

• Tax credits for investments in infrastructure

• No unitary taxes on worldwide profits

Sales and Use Tax

Sales tax is imposed on the sale of goods and certain services in South Carolina. The state-wide sales tax rate is 5%. All sales and use tax collections are applied to public education.

Exemptions on Sales Tax

• Exemption on manufacturing equipment and electricity

• No wholesale sales taxes

• No value-added taxes

10

MARKET OVERVIEW (CONT.)

Transportation Air Traffic

• Charlotte Douglas International Airport within 45 miles

• Greenville / Spartanburg International Airport within 45 miles

Motor Freight

• 45 freight couriers serving the area

• one day delivery to Atlanta

• three day delivery to Chicago and Houston

• four day delivery to New York and St. Louis

• five day delivery to San Francisco

Railroads

• Norfolk Southern Railroad runs directly through Cherokee County

Highways & Interstates

• Interstate 85 and Interstate 26

Port of Charleston

• Largest container port in the Southeast and Gulf Coasts

• Second largest container port on East Coast

• Within 209 miles

11

MARKET OVERVIEW (CONT.)

NEARBY INDUSTRIES

1. Freightliner Custom Chassis 2. Milliken & Co.

3. Nestle

4. Hamrick’s Clothing

5. Kosa

6. Timken

7. Hamrick Mills