What’s county’s price on buildings?
Published 12:00 am Monday, August 4, 2014
Question: How much is Rowan County asking for buildings it has up for sale on West Innes Street and Mahaley Avenue, and how will the proceeds be used?
— Barry Robertson
Answer: County Manager Gary Page says the county would entertain a bid of $800,000 on the former Department of Social Services Building on West Innes Street. That’s the value placed on the 29,000-square-foot building, which in its prime was valued at $1.8 million, he said.
For the former Child Protective Services office on Mahaley Avenue, next to Food Lion, the county would entertain a bid in the $500,000-$600,000 range, Page said. That building has a tax value of $800,000.
Any bid on the properties would be subject to the upset-bid process and the approval of county commissioners.
Proceeds from sale of the building would likely be put into the county’s fund balance, or savings account, Page said.
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