"Linthicum Heights - Northern Anne Arundel County"

Starting Bid: $15,000

DEVELOPMENT PARCEL
0.32± Acre ✦ Zoned W-1 Industrial

Known As
1217 GLORIA AVENUE
Off W. Nursery Road
Linthicum Heights, Anne Arundel County, MD 21090

Online Bidding Opens
MONDAY, MAY 23, 2022

Online Bidding Closes
WEDNESDAY, MAY 25, 2022
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:
1217 Gloria Avenue is 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 roughly 30 miles away. Proximate access, coupled with the prevalence of major employers and commercial districts nearby, makes the location attractive for any number of different uses.

For more information about the area, please visit:
Anne Arundel County – www.aacounty.org
BWI Business District – en.wikipedia.org

SITE:
Lot size – 0.322 acre, more or less, according to public records.

Known as lot number 7 on the plat of Shirkey Heights, found in Anne Arundel County Plat Book 23, page 9.

Plat

Fronts approximately 76.28′ on Gloria Avenue.

Well and septic are believed to be required on the property.

Bureau of Utility Operations – www.aacounty.org

ZONING:
W-1 Industrial Park District

According to the Anne Arundel County zoning district summary, “This 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.”

Existing homes on the street may mean that residential development at the site would also be suitable. Buyers are strongly encouraged to contact Anne Arundel County regarding prospective uses.

For more information, please visit:
Office of Planning and Zoning – www.aacounty.org

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

TAXES:
Published annual real estate taxes are $566.39, based on a full value assessment of $54,200.

Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact the Maryland State Department of Assessments & Taxation concerning the appeals process, and may see the following link for helpful information: Assessment Appeal Process.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A $3,000 or 10% deposit, whichever is greater, payable by cashier’s check or wire transfer, will be required of the purchaser by 4:00 P.M. on the day of auction, 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. 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!