Total Taking by NCDOT
for Completion of I-485

Total Taking by NCDOT </b…

Initial Offer: $324,000

Compensation Obtained: $1,100,000

240% Increase

Brief Statement of Claim:

The Department of Transportation took approximately 4.713 acres for completion of roadway improvements related to the completion of the I-485 loop around Charlotte; deposit of $324,000; settlement of $1,100,000 ($776,000 or 240% increase).

Principal Damages:

A total taking of 4.713 acres of residentially zoned land being used for residential purposes.  The highest and best use of the property was commercial and the property had a high likelihood of rezoning.

Trial or Settlement:

Settlement

County where Tried or Settled:

Mecklenburg County

Case Name and Number:

Department of Transportation v. Perkins, 11-CVS-20449

Date Concluded: 

Settlement reached August 14, 2013.

Attorneys for Defendants:

Thomas L. Odom, Jr. and David W. Murray, The Odom Firm, PLLC of Charlotte.

News

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The Odom Firm’s team of David Murray, Tommy Odom, Keren Patrick and Andy Patrick participated in the annual “Clays for Conservation” tournament in Norwood, NC, which benefits the Catawba Lands Conservancy.  While the team did not b… Read More
Sep
15
The Odom Firm is proud to announce that attorney David Murray has been selected to The Best Lawyers in America 2021 for his work in land use and zoning law.  This is David’s 1st year being selected to the Best Lawyers publication.  David is t… Read More
Sep
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The Odom Firm is proud to announce that attorney Tommy Odom has been selected to The Best Lawyers in America 2021 for his work in eminent domain and land condemnation law.  This is Tommy’s 11th year being selected to the Best Lawyers publicati… Read More
Feb
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The Odom Firm Gets Millions for Property Owner with Land Near Airport The City of Charlotte has opted to avoid the potential turbulence of a condemnation action and agreed to pay $8.35 million for eight acres of land earmarked for the expansion… Read More
Nov
8
One of the Constitutional Rights Council’s goals is to increase public awareness of the U.S. Constitution. The section sponsors CLE programs and services, provides members with a substantive newsletter and helps mold the association&… Read More