Vance County Manager Jordan McMillen said the county has received an offer to purchase a tract of land in the Henderson-Vance Industrial Park. If approved, Phase 3 of the industrial park could be one step closer to being implemented.
“The county has a competitive offer for purchasing land to continue the expansion of this industrial park,” McMillen said in a written statement to WIZS.
The offer of $275,000 is to purchase a two-acre tract which the county bought in 2018.
If the deal goes through, the potential buyer’s plans include construction of an office-type building that could be used for retail tenants or flex space.
The commissioners heard the offer to purchase at their February meeting and, providing no upset bids are received, the commissioners would consider approving the sale at the March 1 meeting, McMillen said.
The property is part of the industrial park, located at the corner of Bearpond Road and Commerce Drive. The properties committee, which includes commissioners Dan Brummitt, Leo Kelly and Gordon Wilder was “directed to meet and review draft restrictive covenants for not only the 2 acre tract, but also for the 82.5 acre tract that the county owns as well,” McMillen said.
Phases 1 and 2 of the industrial park have restrictive covenants in place from 1995, he added, and said the plan is to put similar covenants in place for Phase 3.
The properties committee met this week.