$100,000 Opening Bid
- 1.67± ACRES TOTAL -
1220 & 1223 GLORIA AVENUE
Off W. Nursery Road
Linthicum Heights, Anne Arundel County, MD 21090
FRIDAY, AUGUST 7, 2020
TUESDAY, AUGUST 11, 2020 AT 12:00 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.
1220 & 1223 Gloria Avenue are located at the end of a small street off W. Nursery Road in the Linthicum Heights area of northern Anne Arundel County. The neighborhood is otherwise referred to as Shirkey Heights. The location is especially convenient, with proximate access to the Baltimore-Washington Parkway (MD-295, 0.3 mi.), I-195 (1.4 mi.), the Baltimore Beltway (I-695, 1.5 mi.), I-895 (2.6 mi.), I-97 (3.4 mi.) and I-95 (3.7 mi.). The BWI Thurgood Marshall Airport is approximately 2.5 miles south, with a robust commercial corridor surrounding the airport. Baltimore City is immediately to the north, and Washington, D.C. and Annapolis are each approximately 30 miles away, to the southwest and south, respectively. Proximate access coupled with the prevalence of major employers and commercial districts nearby, provide excellent property utility for businesses of all types.
Two non-contiguous lots located at the end of Gloria Avenue totaling 1.67 acres as described below. Lot numbers below are with reference to the Plat entitled "Shirkey Heights" recorded at plat book 23, folio 9 in the Land Records of Anne Arundel County.
1220 Gloria Avenue - 1.27 acres, more or less. Lots 19, 20 and 21 on the above captioned plat. The front of the lot is paved with permeable millings as the surface course and a gravel base course. Sufficient parking for 20+ vehicles. More information regarding paved dimensions coming soon. The rear of the lot is wooded. According to a notice posted in the land records of Anne Arundel County at Book RPD 32316, page 219, the lot is not suitable for onsite septic.
1223 Gloria Avenue - 0.40 acre, more or less. Lot 10 on the above captioned plat. The lot is wooded.
The lots will be sold as an entirety only.
Zoned W-1: Industrial Park. According to the Anne Arundel County Summary of Zoning Districts: The W-1 "District is generally for those "clean" industrial uses with minimal nuisance characteristics in a landscaped park-like setting. Typical uses may include offices, research and development laboratories, light manufacturing including assembly. Support uses such as office supply stores, restaurants, and hotels/motels are also allowed. Minimum lot size is 40,000 square feet. Maximum lot coverage by structures and parking is 75%. Maximum height is 90 feet based on minimum setbacks and can increase indefinitely provided setbacks are increased as per formula."
For more information, please visit: Anne Arundel County Zoning.
In fee simple; sold free and clear of all liens
Published annual real estate taxes are below with annual tax assessment in parenthesis.
1220 Gloria Avenue - $686.17 ($65,600)
1223 Gloria Avenue - $436.88 ($41,767)
SUMMARY TERMS OF SALE - PLEASE REFER TO THE CONTRACT FOR THE COMPLETE TERMS OF SALE:
A $10,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in cash or cashier's check to be delivered to the Auctioneer's office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, within 24 hours of Tuesday, August 11, 2020 at 12:00 P.M. (the bid closing). Deposit funds shall be held by A. J. Billig & Co., LLC. 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. 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 except where otherwise mandated by local, State or Federal law. Time is of the essence.
No buyer's premium.