★ ABSOLUTE AUCTION ★
To the Highest Bidder Above $5,000
- ROSEDALE -
0.648 ACRE± PARCEL
Zoned ML-IM - Industrial/Commercial
Sale On Premises - North Side
(US ROUTE 40)
0.3 Miles West of Beltway (I-695) Exit 35
Baltimore County, MD 21237
TUESDAY, NOVEMBER 20, 2012
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.
Baltimore County Tax ID #04-15-2100013270
Baltimore County Tax Map 89, Grid 18, Parcel 89
Baltimore County Deed Liber 20883, Folio 507
The property is situated on the north side of Pulaski Highway, the westbound lane of U.S. Route 40, in the Rosedale area of eastern Baltimore County. The site is approximately 0.30 mile west of the Baltimore Beltway (I-695) Exit 35. The auction property is adjacent to the east side of CubeSmart Storage and Logistics and is located to the west of Chesapeake Ford Truck Sales, opposite Alban Tractor Co., Inc.
For directions from your location, visit: maps.google.com
Pulaski Highway is a heavily traveled arterial roadway, designated as U.S. Route 40. The Maryland state government web site indicates that recent traffic counts estimate daily volume above 40,000 vehicles per day. The site has good visibility from eastbound or westbound Pulaski Highway.
0.648 acre - fronting approximately 150' along the north side of Pulaski Highway, by a depth of approximately 464', with a rear lot line of 43.37'.
Zoning ML-IM, light industrial - permits a variety of light manufacturing and some commercial land uses. See link for detailed zoning information: http://www.ecode360.com/12103029
Public water and sanitary sewer are along Pulaski Highway.
The property is partially macadam paving and was formerly used as a driveway.
Published annual real estate taxes for 2012-2013 are $590.24.
The property is in fee simple and 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 on or before December 17, 2012. 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. 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.
See our Financing Page for a list of auction-oriented lenders.