Absolute Auction Above $35,000 "Glen Burnie/BWI Area" - Adjoining I-97 Strategically Located Commercial Parcel 0.7 Acre +/-, Zoned C-2

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Listing Details

Sold Price
$83,000
Auction Date
Auction Time
11:00 AM
Address
396 Old Quarterfield Road, Anne Arundel County, MD, 21061
County
Anne Arundel County
Neighborhood
Glen Burnie, BWI Area
Scroll down for Complete Details, including: property description and Terms of Sale.

★ ABSOLUTE AUCTION ★
To the Highest Bidder Above $35,000

 

GLEN BURNIE/BWI AREA
- Adjoining I-97 -

 

Strategically Located
COMMERCIAL PARCEL

0.7 Acre +/-Zoned C-2

Sale On Premises
396 OLD QUARTERFIELD ROAD
ANNE ARUNDEL COUNTY, MD 21061

THURSDAY, JANUARY 16, 2014
AT 11:00 A.M.


NOTE:  The information contained herein has been obtained from sources deemed reliable and is believed to be accurate.  However, no express or implied warranty is made or may be inferred from any such representation.  Dimensions, square footage and acreage contained herein are more or less.  Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.


PROPERTY IDENTIFICATION:

Anne Arundel County Tax ID #04-000-90050842
Anne Arundel County Tax Map 15, Grid 4, Parcel 566
Anne Arundel County Deed Liber RPD 25060, Folio 161


LOCATION:

The property is situated at the end of Old Quarterfield Road, off Quarterfield Road, a short distance southwest of Route 100. I-97 Exit 14 and Route 100 Exit 13 are immediately to the north. The rear of the property adjoins Maryland State Highway Administration frontage along the northbound portion of I-97.


396 Old Quarterfield Road is approximately 3 miles southeast of BWI Thurgood Marshall Airport. Nearby properties include the Quarterfield Crossing retail center (includes Wal-Mart, Lowe's, Sam's Club and Kohl's), Quarterfield Center mixed commercial complex, Severn Square Apartments and numerous residential developments. The extremely convenient location, coupled with potential signage along I-97, makes the property desirable for potential commercial uses of all types.

 

For directions from your location, visit: maps.google.com


Tax Map:
Photos of auction property


SITE:

Trapezoidal shaped lot located at the end of Old Quarterfield Road. According to a surveyor drawing, the property contains 30,545 square feet or 0.7012 acre, more or less. Public tax records and legal deed description indicate that the lot is larger, containing 32,539 square feet or 0.747 acre, more or less. Note: No express or implied warranty is made as to the size of the parcel, and no price adjustment will be made for acreage smaller or larger than what is conveyed by the seller's right, title and interest in the property.


A preliminary concept drawing has been created allowing for a 5,000 square foot single story office building with 28 car parking.


Concept Drawing: Photos of auction property

Click to open a larger Concept Drawing in PDF format


Zoning C-2: Commercial Office District - Permitting a variety of commercial uses.
Please see the Anne Arundel County Zoning page for further zoning information:
http://www.aacounty.org/PlanZone/Zoning/#.UrHQ09JDus9


Zoning Map:
Photos of auction property


Public water and sanitary sewer believed to be in Old Quarterfield Road.


Survey:
Photos of auction property

Click to open a larger Survey in PDF format


TITLE:

The property is in fee simple and sold free and clear of liens.


TAXES:

Published annual real estate taxes for 2013-2014 are $1,732 based on a full value assessment of $135,000.


TERMS OF SALE:

A $5,000 deposit, payable by certified check or cashier's check, will be required of the Purchaser at time and place of sale.  The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office.  Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the deposit or balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the Purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement.  All adjustments, including taxes, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the Purchaser.  The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. No express or implied warranty is made as to the size of the parcel, and no price adjustment will be made for acreage smaller or larger than what is conveyed by the seller's right, title and interest in the property.  Purchaser assumes the risk of loss from the date of sale forward.  The Purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the Purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the Purchaser's sole remedy in law or equity shall be limited to the refund of the deposit.  Upon refund of the deposit this sale shall be null and void and of no effect, and the Purchaser shall have no further claim against the Seller or Auctioneers.  Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the Purchaser.  Time is of the essence.


No buyer's premium.