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CABARRUS COUNTY 2012 APPRAISAL MANUAL C. Road Frontage INDUSTRIAL ACREAGE Land Model 06 The market tends to recognize parcels containing 10 acres or less as single sites. Tracts of this size do not to tend to vary in price unless they have inadequate road frontage. Parcels containing ten acres or less are considered to have adequate frontage if 30% of the total acreage is in road frontage. Sales of large tracts, which have potential for development, tend to reflect the amount of road frontage in relation to total parcel size. Parcels containing more than ten acres are considered to have adequate frontage if 10% of the total acreage is in road frontage. Dividing the number of acres of road frontage (1 Acre = 208' X 208') by the total acreage, yields the percent of frontage to total acreage. This percent when applied to the following chart produces a plus or minus factor to be applied to each parcel. 10.01 10.01 Percent FTG 0 -10 Acres Percent FTG 0 -10 Acres To Total Acreage Acres And Up To Total Acreage Acres And Up .01 - .99 -18% -12% 41.00 - 42.99 +3% +6% 1.00 - 1.50 -17% -11% 43.00 - 44.99 +3% +7% 1.51 - 1.99 -16% -10% 45.00 - 46.99 +3% +7% 2.00 - 2.50 -15% -9% 47.00 - 48.99 +4% +8% 2.51 - 2.99 -14% -8% 49.00 - 50.99 +4% +8% 3.00 - 3.99 -13% -7% 51.00 - 52.99 +4% +9% 4.00 - 4.99 -12% -6% 53.00 - 54.99 +4% +9% 5.00 - 5.99 -11% -5% 55.00 - 56.99 +5% +10% 6.00 - 6.99 -10% -4% 57.00 - 58.99 +5% +10% 7.00 - 7.99 -9% -3% 59.00 - 60.99 +5% +10% 8.00 - 8.99 -8% -2% 61.00 - 62.99 +5% +11% 9.00 - 9.99 -7% -1% 63.00 - 64.99 +6% +11% 10.00 - 10.99 -6% 0% 65.00 - 66.99 +6% +12% 11.00 - 12.99 -5% +1% 67.00 - 68.99 +6% +12% 13.00 - 17.99 -4% +1% 69.00 - 70.99 +6% +13% 18.00 - 22.99 -3% +2% 71.00 - 71.99 +7% +13% 23.00 - 25.99 -2% +2% 72.00 - 72.99 +7% +14% 26.00 - 28.99 -1% +3% 73.00 - 73.99 +7% +14% 29.00 - 30.99 +0% +3% 74.00 - 74.99 +7% +15% 31.00 - 32.99 +1% +4% 75.00 - 75.99 +8% +15% 33.00 - 34.99 +1% +4% 76.00 - 76.99 +8% +16% 35.00 - 36.99 +2% +5% 77.00 - 77.99 +8% +16% 37.00 - 38.99 +2% +5% 78.00 - 78.99 +8% +17% 39.00 - 40.99 +3% +6% 79.00 - 79.99 +10% +17% 80.00 - 100.00 +10% +18% D. Access: All utilities considered standard. 1. Paved - Asphalt, tar and gravel or concrete surfaced streets. 2. Dirt - Dirt streets maintained by the government. 3. Gravel - Dirt streets under government maintenance that have been improved with the addition of loose gravel. 4. Privately Dirt Streets (RT) - These streets are privately maintained, usually by a group of property owners or the developer. 5. No Legal Access (NX) - Parcels having no access are useful mainly as add on property for adjoining owners which have access. Residential use is limited on these parcels, therefore, small tracts do not show the dramatic increase in per acre price. 6. Private Drive (PD) - Parcels have no state maintained access but have an established access drive or an easement less than 60 feet wide to property. 7. Recorded Easements - Parcels that have no state maintained road frontage but have an easement 60 feet wide or greater should be given front footage in the amount of the easement and the road type should be based on the road from which the easement intersects. Parcels with easements less than 60 feet in width should be coded as Private Drive (PD). If the property owner owns adjoining land that has frontage use the access code of that street with 60 feet of frontage. Cabarrus County - 2012 Revaluation LAND APPRAISAL PROCEDURES 4- 37 AttacV9nn1imber 6 G -3 Page 330