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

Mar
16
Each year, North Carolina Lawyers Weekly publishes an annual review of the top verdicts and settlements obtained in North Carolina. The Odom Firm’s $8,300,000 settlement with the City of Charlotte for the acquisition of land near the airport ra… Read More
Jan
15
The Odom Firm is proud to announce that attorney David Murray has been selected for inclusion in the 2021 North Carolina Super Lawyers Rising Stars (under 40) list for his work in Eminent Domain law. This is David’s 7th year being selected to t… Read More
Nov
11
Tommy Odom, with former NC Supreme Court Justice Robert N. Hunter, Jr., has planned the NC Bar Association 2020 Constitutional Rights and Responsibilities Section CLE titled “COVID-19 v. The Constitution: The New Normal?” Tommy invites al… Read More
Nov
11
The Odom Firm has been awarded a Tier 1 ranking by U.S. News & World Report “Best Law Firms” for its Eminent Domain and Land Condemnation practice. This is the 12th year that the Firm has obtained a Tier 1 ranking. The Odom Firm remai… Read More
Sep
28
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 bri… Read More