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A $15,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4 P.M. on Wednesday, August 7, 2024 (the auction day). When you register for an online auction, a “ping” will be placed on your credit card and immediately voided, you will not be charged the deposit amount. A 5% buyer’s premium will be added to the final bid price. For complete Terms Of Sale, see the Summary Terms Of Sale at the bottom of this page and see the Sample Contract.
To the Highest Bidder Over $100,000
ESTATE SALE
BEL AIR
– Hickory Area –
4.32± ACRE
DEVELOPMENT SITE
Zoned CI – Commercial Industrial
& R2 – Residential
Known As:
CONOWINGO ROAD
& EVERGREEN ROAD
Tax IDs: 03302474 & 03244768
Fronts on Conowingo Road & Evergreen Road
Bel Air, Harford County, MD 21014
Online Bidding Opens
MONDAY, AUGUST 5, 2024
Online Bidding Closes
WEDNESDAY, AUGUST 7, 2024
AT 12:00 NOON
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.
LOCATION:
The parcels are located in the Hickory or northern Bel Air area in Harford County. The area has seen steady development over the past 20 years. New apartments, restaurants, retail businesses and offices have been recently constructed nearby. A Redner’s Grocery Store, Burger King, FNB Bank Branch and a number of local restaurants, most of which were developed around 1999-2000, are immediately north. Hickory Elementary School is located opposite the site on Conowingo Road, and other Harford County Government offices are nearby. US-1 (Belair/Hickory Bypass), East-West Highway (MD-23), Fountain Green Road, Jarrettsville Road and Conowingo Road all provide convenient access throughout the surrounding area and I-95 corridor. Exposure at the site is good, estimated to be 11,973 cars per day along Conowingo Road (AADT). The property also provides some exposure at the signalized intersection of E. Jarrettsville Road. The auction provides an opportunity to purchase a development site with mixed-use zoning, good exposure and a convenient, accessible location.
For more information about the area, please visit:
Harford County, MD – www.harfordcountymd.gov
Harford County WebGIS – hcggis.harfordcountymd.gov
SITE:
The site comprises two lots with a total lot size of 4.32 acres. The lots front on both Conowingo Road and Evergreen Road.
ZONING:
C I – Commercial Industrial. A portion of the Evergreen parcel is located in an R2 – residential district.
According to the Harford County Zoning Department, the Commercial Industrial district “is intended for industrial, office, and business uses of a moderate scale and intensity.” A very large variety of commercial and industrial uses are permissible within this district. A table of permitted uses is linked below.
For more information about Harford County Zoning, please visit:
Zoning Administration – www.harfordcountymd.gov
TITLE:
In fee simple; sold free and clear of liens.
TAXES:
Published annual real estate taxes are:
Tax ID 03-302474: $561.30 based on a full value tax assessment of $51,500.
Tax ID 03-244768: $132.96 based on a full value tax assessment of $12,200
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $15,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire, will be required of the purchaser by 4 P.M. on Wednesday, August 7, 2024 (the auction day). 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, 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. 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.