"BWI Region"

 REAL ESTATE AUCTION 

 OUTSTANDING COMMERCIAL 
DEVELOPMENT SITE 
1.31± Acres ◆ Zoned C1

Sale On Premises 
1709-1713 
W. NURSERY ROAD 
Just South of B-W Parkway (MD-295) 
“Linthicum Heights” 
Anne Arundel County, MD 21090 

WEDNESDAY, MAY 2, 2018 
AT 11:00 A.M. 

NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be substantially 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.

LOCATION:
1709 & 1713 W. Nursery Road consist of two contiguous lots located on the east side of W. Nursery Road, south of Andover Road, north of Elkridge Landing Road and one mile north of BWI Airport. The surrounding neighborhood is comprised of airport support services, including Marriott, Hilton, Aloft, Red Roof, Fairfield, Wyndham and Holiday Inn Hotels, several park and go facilities, national chain restaurants, including the adjacent Chili’s, Cracker Barrel, McDonald’s, Starbuck’s, Chick-fil-A, Chipotle and others. Other nearby land uses include transportation companies, office parks, Hoyt’s 14 Nursery Cinema and the National Electronics Museum.

From the Baltimore Beltway (I-695) follow the Baltimore-Washington Parkway (MD-295) south to the first exit – Nursery Road, then south to property on left side of road. The location is convenient to the Baltimore and Washington Metropolitan areas, near major highway linkage – I-695, I-195, I-97, MD-295 and MD-100.

SITE:

The two parcels front approximately 310′ along the east side of Nursery Road, by a depth of approximately 189′.

Plat

Zoning C1 – Local Commercial District. This District is generally intended for neighborhood convenience commercial uses/development where individual uses do not exceed 25,000 square feet in area (or for Offices, a maximum of 50,000 sq. ft.). Maximum lot coverage by structures and parking is 75%. Maximum Floor Area Ratio is 1.0. Maximum height is 45 feet based on minimum setbacks and can increase to 72 feet provided setbacks are increased as per formula.

Zoning Verification Letter from Anne Arundel County

Link for Anne Arundel County Zoning Information:
http://www.aacounty.org/our-county/county-code/forms-and-publications/Article18.pdf

Public utilities are available – water, sewer, gas, electricity, internet

The property is currently improved by a farmhouse, trailer, and an existing blacktop driveway.

ADDITIONAL INFORMATION IS AVAILABLE:
Please complete the Waiver & Confidentiality Agreement to receive the following by email:

• Phase I Environmental Report
• Hotel Concept Plan

TITLE:
The properties are in fee simple and sold free and clear of liens. Anne Arundel County Deed Book 19204, Page 496. The property owner is BWI Overlook, LLC and the seller is willing to transfer the LLC as part of the purchase.

TAXES:
Published current annual real estate taxes

TERMS OF SALE:
A $100,000 deposit, 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. 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. 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.