- $50,000 Suggested Opening Bid -
0.52± Acre ★ Zoned ML-IM
Sale On Premises
8200 DIAMOND POINT ROAD
Off Eastern Avenue (MD-150)
Just East of Beltway (I-695) Exit 38
Baltimore County, MD 21224
THURSDAY, OCTOBER 13, 2016
AT 2:00 P.M.
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
8200 Diamond Point Road is located along the south shore of Back River, west of the Eastern Avenue Back River Bridge and east of the Baltimore Beltway. The property is located in the rear of Diamond Point Plaza.
Surrounding properties are a mixture of commercial, industrial and residential development. According to the Baltimore County government web site, nearby schools are Sussex Elementary, Deep Creek Middle and Dundalk High. Police Precinct is North Point. Fire Station is Eastview. According to FEMA Flood Map Panels 2400100440 and 2400100420, the property appears to be located beyond the 100-year flood hazard area.
Fairly level, fenced and gravel paved lot was previously used for storage of contractors’ equipment. The site is comprised of two parcels:
The two parcels comprise approximately 0.52 acre of land.
Public water and sewer, electricity and telephone are in the surrounding properties and are believed to be available.
Zoning ML-IM, Manufacturing Light - permits light industrial uses such as processing and assembly plants, boatyards and a variety of other uses. For additional information visit:
|8200 Diamond Point Road||$ 1,883.63|
The property is in fee simple and is sold free and clear of liens.
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 contract to date of settlement. All adjustments, including taxes, all other public charges and assessments payable on a monthly or annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of contract 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. Purchaser assumes the risk of loss from the date of contract 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.