"Joppa"

Featuring Live & Simulcast Online Bidding
$100,000 Opening Bid

– ESTATE SALE –

JOPPA

HIGH EXPOSURE
COMMERCIAL DEVELOPMENT SITES
Two Parcels ✦ 3.86± Total Acres
Zoned B3 – General Business District
– Separate & Entirety Offerings –

Known As
605 PULASKI HIGHWAY (US-40) &
1035 JOPPA ROAD
Joppa, Harford County, MD 21085

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.

MANNER OF SALE:
AJ Billig is pleased to offer 6 commercial and mixed-use properties in Harford County. The full list of properties can be found here:

• 963 Pulaski Highway
• 605 Pulaski Highway and 1035 Joppa Road
• 0 Belair Road
• 527 Underwood Lane
• 4376 Norrisville Road

The live auction will begin at the time stated above, with on-site registration and deposit verification beginning at 1:00 P.M. Pre-registration is available online. Online bidding will be open on Monday, April 3, 2023 at midnight. Online bidders must provide deposits in advance pursuant to the terms stated below. Properties will be offered in the order stated in the schedule, with separate and entirety offerings on 605 Pulaski Highway & 1035 Joppa Road. Contact us with any questions about preparing for the auction day.

LOCATION:
605 Pulaski Highway and 1035 Joppa Road are located in the Joppa, or Joppatowne, area of Harford County. Pulaski Highway is a primary artery between Baltimore and Wilmington, serving commercial and residential centers throughout the corridor and beyond. The properties are positioned one mile west of Mountain Road (MD-152), and surround a Sheetz hyper convenience store. According to Maryland DOT statistics, 27,380 cars per day (AADT) pass the site along Pulaski Highway, with another 3,854 using Joppa Road. Surrounding property uses include self-storage, automotive sales and services, retail businesses and industrial businesses. Several large residential subdivisions are also within the surrounding area. I-95 is less than 2 miles north, providing further convenient access throughout the Mid-Atlantic region.

For more information about the area, please visit:
Harford County, MD – www.harfordcountymd.gov
Harford County WebGIS – hcggis.harfordcountymd.gov

SITE:
Lot size – 3.86 total acres, as further detailed below.

The property comprises two lots that adjoin in the rear, surrounding an existing Sheetz convenience store. There is a billboard located on 605 Pulaski Highway, leased to Lamar (formerly Apple) through August 31, 2028 for $10,400/year. The rent increases to $10,800/year in year 7 of the lease. Please complete a Waiver and Confidentiality agreement to obtain a copy of the lease.

605 Pulaski Highway – Lot size: 1.135 acres. Fronts 150′ on Pulaski Highway. The lot is mostly wooded. See above for billboard details. According to Harford County, “Public sewer is available – a sewer main runs in front of the property, along Rt. 40. The closest public water is approx. 350’ away, at the intersection of US Rt. 40 and Joppa Rd.”

1035 Joppa Road – Lot size: 2.736 acres. Fronts approximately 380′ on Joppa Road. The lot is mostly wooded. According to Harford County, “public water & sewer are available, not connected.”

Site Drawing

Harford County GIS Map

SDAT Map

ZONING:
B3 – General Business District

According to Harford County Zoning, “The purpose of this district is to provide a wide range of retail, service and business uses serving local and Countywide areas. Such activities are generally located along arterial roads.”

Please visit Harford County Zoning for additional details on permitted uses and zoning regulations:
Zoning Administration – www.harfordcountymd.gov

Note: The site drawing provided above was drafted prior to the most recent update to the Harford County zoning code. The Harford County zoning map shows 1035 Joppa Road as entirely within a B-3 district, while the prior site drawing reflected mixed zoning. Buyers are strongly encouraged to perform their own due diligence with respect to property zoning, regulations and approved use.

Zoning Map

TITLE:
In fee simple; sold free and clear of all liens.

TAXES:
Current annual real estate taxes are as follows:

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $15,000 deposit for each property, or $30,000 if sold as an entirety, payable by 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 (wire or cashier’s check).

Online Auction Bidders – a $15,000 deposit for each property, or $30,000 if sold as an entirety, payable by cashier’s check or wire, will be required of all online bidders by 12:00 Noon on Tuesday, April 4, 2023. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:30 P.M. on the day of auction. Deposit Escrow Agreement

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, ground rent and 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. 605 Pulaski Highway is sold subject to the existing billboard lease. The Property will be sold subject to Harford County violation notices, 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 except where otherwise mandated by local, State or Federal law. Time is of the essence. A 5% buyer’s premium will be added to the final bid price.