Henderson-Vance Industrial Park Land Purchase and Upset Bid Process

Real Property Description: Tract 2, 2.048 acres as shown on Plat Book “Y”, Page 985, Vance County Registry, Bearpond Road, Henderson, NC 27537. Vance County Tax Parcel Number 0453 05005A.

Current Offer: $275,000.00 cash, plus cost of publication, subject to the terms and conditions of Agreement for Purchase and Sale of Land currently submitted.  Please contact Vance County Attorney Jonathan Care for a copy of the agreement for purchase at jcare@jcarelaw.com.  For a copy of the current offer, please click here.

Upset Bids: Shall be submitted to the County Clerk subject to the Agreement for Purchase and Sale of Lane contract currently submitted. An upset bid shall raise the current bid by not less than the greater of ten percent (10%) of the first one thousand dollars ($1,000.00) and five percent (5%) of the remainder or $750.00. A qualifying higher bid must also be accompanied by a deposit in the amount of the greater of $750.00 or five percent (5%) of the bid, which may be made by cash, cashier’s check or certified funds. The County will return the deposit of any bid not accepted and will return the bid of an offer subject to upset if a qualifying higher bid is received. The deposit will be forfeited if the bid is withdrawn or upon failure of Bidder to tender the balance of the bid amount.

All bids are subject to public inspection. Sealed bids will not be accepted.

Upset bids will be accepted through Friday, February 26, 2021.

Kelly H. Grissom, Vance County Clerk


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