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County considers splitting and relisting 3.28-acre lot at county campus to attract more buyers
Summary
County staff and the listing agent proposed relisting Lot 6 (3.28 acres) at the county campus at $5.22 per sq. ft. and presented an option to split the parcel into two lots with different per-square-foot pricing to broaden buyer interest; commissioners asked to return the item for a formal vote next week.
County staff and the county's listing representative updated commissioners on marketing for the county campus development, reporting that five original lots produced three sales and two remaining lots.
The presenter said Lot 6 (3.28 acres) is currently listed at $5.22 per square foot (total listed price cited as $7,746,000). "So I wanna, number 1, ask for the relisting to renew that," the presenter said, adding a proposal to list the parcel also as two smaller parcels (6A and 6B) to make the site more visible to buyers searching for one-acre or 1.5-acre parcels online.
Under the suggested split, the presenter proposed listing the north parcel (6A) at $5.22 per square foot (the presenter used a per-square-foot listing which would equate to roughly $3.73 on their example sheet) and the south frontage parcel (6B) at $6.79 per square foot (the presenter cited $4.85 on the example). The presenter said selling the two parcels separately at the suggested prices could net more than selling the whole parcel at the current asking price.
Staff described new marketing assets: drone photography, updated MLS listings (syndicated to platforms including LoopNet and Crexi), new parcel imagery showing nearby developments (hotel footprint, dental clinic, walking trails) and a 4x8 billboard with a QR code linking to the listing.
Commissioners asked about timelines for construction on sold parcels (a hotel developer estimated up to three years to open, pending franchise approvals) and about the ability to impose or tighten covenants and restrictions for future buyers; staff said changes to covenants would require owner agreement and legal work with the county attorney.
The commission did not vote on relisting or parcel-splitting at the meeting and directed staff to bring formal documents for signatures and a vote at the next meeting.
