Flat Rock land purchase

A recently sold 65.31-acre tract of land in Flat Rock near I-26 is set to become the site of a planned industrial park, according to a news release from real estate company NAI Beverly-Hanks, which handled both sides of the transaction.

The property, at 337 McMurray Road, closed in June for about $8.7 million. It has city water and sewer and is located along I-26, opposite the interstate from Blue Ridge Community College's Flat Rock campus.

The future industrial site, Blue Ridge Commerce Center, will be a significant development for Henderson County, according to Brittany Brady, president of the Henderson County Partnership for Economic Development, which helped with development studies for the property.

“Based on its current zoning, the highest and best use [for this property] is industrial. Manufacturing types [of businesses] have a much higher wage scale, and we look forward to seeing good jobs and strong investment come from this,” she said.

According to NAI Beverly-Hanks, each manufacturing job created in a community also results in several peripheral jobs created. For example, if a family of four moves to the area so that one person can take a manufacturing job, that family consumes goods and services that require additional human resources. Depending on the specific type of industry, each job created from one of these industrial users will create another 1.4–2.5 jobs in the area.

The new owners plan to build approximately 680,000 square feet of space across four industrial buildings for prospective tenants. No known tenants have been announced at this time.

"This is a major draw for large-scale businesses who are looking to bring jobs to our area," said Neal Hanks, president of Beverly-Hanks. "Commercial inventory available for immediate occupancy on this scale is extremely rare in this market."

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