Real Estate Auction
- Dundalk Area -

PRIME COMMERCIAL
DEVELOPMENT PARCEL

3.22 AcresZoned BR

Fronting 300' on
North Point Blvd.

& 300' on Old North Point Rd.


Click for larger photo

Sale On Premises
Driveway Between 4121 & 4129
OLD NORTH POINT RD.
Balto. County, MD 21222

THURSDAY, AUGUST 4, 2005
AT 11:00 A.M.


LOCATION:

This outstanding commercial site is situated along the east side of North Point Boulevard (MD-151) and the west side of Old North Point Road (MD-20), south of Cove Road (Beltway I-695 Exit 41) and north of Wise Avenue, in the Dundalk area of eastern Baltimore County, Maryland. The site is just south of New Battle Grove Road. The property has excellent visibility from northbound and southbound North Point Boulevard and Old North Point Road. Access to the Baltimore Beltway (I-695) is approximately one mile to the north at Exit 41 and two miles to the south at Exit 42 (Sparrows Point/Edgemere).

The property is near Sparrows Point Country Club, Bear Creek, Back River and a multitude of housing. Neighborhood properties include restaurants, boat yards, manufacturing plants, automotive shops and residential land uses.

LOCATION MAP

TAX MAP

SITE:

Level, clear, unimproved parcel fronts approximately 300' on North Point Boulevard and 300' on Old North Point Road. A gravel driveway leads from Old North Point Road, between address numbers 4121 and 4129.

PLAT

PHOTOS:
View from North Point Blvd.
North Point Blvd.
View from North Point Road
North Point Road

UTILITIES:

Public water, sanitary sewer and electricity are at the site. Natural gas service is believed to be nearby.

ZONING:

BR, Business Roadside, permitting a wide variety of automotive, retail and highway oriented land uses.

For more information about zoning regulations, visit:
http://gcp.esub.net/cgi-bin/om_isapi.dll?clientID=111545
&advquery=BR&infobase=baltimor.nfo&softpage=Browse_Frame_Pg42


TITLE:

In fee simple. Deed Liber 11041, Folio 608. The property is sold free and clear of all liens.

TAXES:

Annual real property taxes are approximately $1,682 per year.

TERMS OF SALE:

A $50,000 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 within 45 days. If payment of the 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. Dimensions and acreage contained herein are more or less. Purchaser assumes the risk of loss from the date of sale forward. The purchaser waives and releases the Seller and 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 and transfer taxes to be paid by the purchaser. Time is of the essence. No Buyer's Premium.

BROKER
PARTICIPATION:


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