Partial Taking by NCDOT
for Davidson Hwy Widening

Initial Offer: $248,650

Compensation Obtained: $575,000

131% Increase

Brief Statement of Claim: 

The Department of Transportation took approximately .157 acres and additional easements for completion of roadway improvements related to the completion of the widening of Davidson Highway (73) in Concord.  The taking caused the existing convenience store gas station on the property to close and required total redevelopment of the store site.

Initial offer/deposit:

$248,650.00

Settlement amount:

$575,000.00 ($326,350.00 or 131% increase)

Case Name: 

Department of Transportation v. Prime Business, LLC

Date Concluded: 

December 2015.

Attorneys for Landowners: 

David W. Murray and Thomas L. Odom, Jr.

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