Maximum potential yield (rezoning + wetlands permits): ~207 pads

Manufactured Home Park (MHP) 26.00 acres

-Zoning allows up to 156 pads (5,000 sq ft minimum per lot), max density 6 units/acre.

-Eligible for Residential Cluster Development (preserve open space and reduce infrastructure impact).

-Note: current permitted yield is 132 pads with wetlands already netted out; wetlands permits in process would add back 24 pads toward the 156-pad allowable.

Residential (R-10) 2.61 acres

-Zoned for 12 single-family homes (10,000 sq ft minimum; 75' lot width).

-City correspondence indicates a high degree of interest in rezoning this parcel to MHP

Commercial Corridor (B-2) 1.84 acres

-Existing commercial buildings at 2351, 2347, and 2413 Tanner Rd.

-City correspondence indicates a high degree of interest in rezoning this parcel to MHP.

-B-2 intent supports major retail/service along arterials, reinforcing corridor activity near the site.

Agricultural (A-1) 4.00 acres

-City correspondence indicates a high degree of interest in rezoning this parcel to MHP.

-Clustered development is allowed within MHP zoning, enabling the same unit count on smaller lots while preserving shared open space and reducing impact.

-Rezoning potential: prior staff guidance has supported rezonings among residential categories (e.g., R-10/R-15) and A-1. Correspondence indicates strong receptivity to MHP rezoning for the non-MHP parcels; letters available upon request.

-Wetlands: approximately 3 acres are classified as wetlands.

Development requires a USACE wetlands permit; a wetland delineator is applying now with an estimated application window of 23 months. Roads may be permitted across wetlands without full approval.

-Flood zones: part of the MHP area lies in the 500-year

floodplain (not the 100-year). A portion of A-1 is in the 500-year, with a very small section in the 100-year.

-Utilities: city water available via a 16 inch main; city sewer nearby via a 24 inch main (city operates robust water/wastewater systems across Nash and Edgecombe counties.)

-The property sits in the Tanner Road corridor near existing manufactured housing and commercial frontage (including the addressed parcel at 2413 Tanner Rd), in a market served by municipal utilities and arterial access.

-The Rocky Mount region is anchored by the CSX Carolina Connector (CCX) intermodal terminal110,000-lift annual capacity, 5 miles from I-95 Supporting logistics and job growth.

-UNC Health Nash continues to invest in local healthcare capacity (campus construction and planned tower expansion), reinforcing long-term employment and service demand.

-Ongoing reinvestment, including the $30M Rocky Mount Mills/Brewmill mixed-use redevelopment, has strengthened livework-play dynamics and consumer services within the trade area.

-Scale and yield: path to approximately 207 pads on 34.43 acresa size that supports professional management, amenity programming, and efficient capital deployment.

-Entitlement momentum: 26 acres already zoned and permitted for 132 pads; clear add-on paths via (i) city-supported MHP rezoning of A-1/R-10/B-2 (+51 pads) and (ii) wetlands permits in process (+24 pads). Letters of support available for diligence.

-Planning flexibility: cluster development is permitted in the MHP district, allowing thoughtful site planning (open space preservation, shorter utility runs, traffic calming).

-Infrastructure: proximity to municipal water/sewer mains and an established commercial corridor; regional logistics and healthcare anchors add durable demand.

-Risk management: majority of the site lies outside the 100-year floodplain; wetlands impacts are being addressed through active permitting, with roadway crossings potentially permitted ahead of full build approvals.

-City correspondence regarding rezoning receptivity (A-1, R-10, B-2 to MHP)

-Wetland delineation status and USACE permit pathway

-Utility mapping/confirmations (water/sewer main locations and capacities)

-Zoning code excerpts (MHP standards, cluster provisions; B-2 corridor intent)

Located along the Tanner Road corridor with city water (16") and nearby city sewer (24"), the assemblage offers plug-in infrastructure and a flexible frontage- to-back layout. The B-2 frontage fits neighborhood commercial: convenience retail, service/repair, quick-serve food, small medical/professional offices, or self-storagecreating daily-needs traffic and an activated entrance that supports adjacent housing. Corridor visibility and access enable phased absorption, pad-ready sites, and shared parking/stormwater with rear residential.

Behind the frontage, the R-10 acreage can deliver a conventional single-family subdivision (10,000-sf minimum, 75-ft width) or a clustered plan that preserves open space and shortens utility runs. The A-1 area works as a green buffer, community garden, stormwater, or trailsand, with city letters indicating penness to rezoning, can be positioned for future conversion to residential or MHP as demand warrants. Together, the mix supports a scalable program blending neighborhood retail, attainable housing, and amenity space.

MR. LANDMAN, LLC is a licensed real estate brokerage firm in the State of North Carolina under Lic#C33344. Jonathan Fisher is a licensed Broker in Charge for MR. LANDMAN, LLC under Lic#325370.