THE HAVELOCK PROPERTY OPPORTUNITY — W. MAIN STREET

CRAVEN COUNTY, NORTH CAROLINA — 54.2 ACRES OFFERED “AS-IS” AT $21,570,000

Mixed Use Development Property

We are pleased to offer the proposed site for potential land/commercial purchase in Havelock North Carolina, within the growing Craven County region. This property sits adjacent to Marine Corps Air Station Cherry Point, the largest Marine Corps air station in the world, home to the 2nd Marine Aircraft Wing. The property has been utilized previously as a commercial Mobile Home Park—and indeed, is still active as such today, along with a retail store and restaurants.

Fundamental Property Overview

• The proposed property is 2,364,698 square feet (Gross & Usable Land).

• Key offering includes primary subject and five additional parcels (Gross & Usable Land)

• Zoned for Highway Commercial, Mobile Home Residential, and Single-Family Residential.

• The 54.286-acre parcel’s offering price is $21,570,000 “As Is.”

ESTABLISHED COMMUNITY & WELCOMING LOCATION ACCESS

• The property sits in an ideal location and close proximity to Cherry Point.

• With major highways and infrastructure well established the property is easily accessible and provides convenient access to the Cherry Point Base.

• Located in Eastern Craven County within 3 miles of Carteret County.

• Thriving residential and commercial components already in place, including nearby retail and dining establishments.

• The destination towns of New Bern and Morehead City are just a 15-20 minute drive away.

• Access to North Carolina’s 85-mile stretch of coastline known as the Crystal Coast beaches and Southern Outer Banks within 20 miles.

THE OPTIMAL BUYER FOR THE PROPERTY IS:

1. A developer who has management experience within the Mobile Home Sector.

2. A commercial developer of mixed-use property with a strong residential and retail component.