– Zoned TC – Town Center –
SUITABLE FOR REDEVELOPMENT
90 SHERRY LANE
Formerly “CALVERT PLAY PARK”
Off S. Solomons Island Road (MD-4)
Prince Frederick, Calvert County, MD 20678
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.
90 Sherry Lane is located within the Westlake commercial park off S. Solomons Island Road in the Prince Frederick Town Center area of Calvert County. Surrounding properties include a SpringHill Suites by Marriott, medical buildings, strip center and restaurant. An array of other businesses are along Solomons Island Road, including automotive properties, hotel, restaurants, retail businesses and community services. Residential subdivisions are scattered throughout the immediate area. Major employers in the area include the Calvert County Public School System and Government, CalvertHealth, Excelon, the Arc of Southern Maryland and Dominion Cove Point.
S. Solomons Island Road (MD-4) is the primary north/south thoroughfare between the Patuxent River and Chesapeake Bay, running from Upper Marlboro to Leonardtown. Average daily traffic at Solomons Island Road and Sherry Lane is 36,332 cars per day, according to State Highway Administration statistics. Hollowing Point Road (MD-231), one-half mile north, provides access to points west towards Hughesville and eventually Waldorf.
The ease of access to the property, surrounding commercial infrastructure and ample consumer base nearby make the site suitable for any number of uses.
Lot size – 2.09 acres, according to public tax records. Known as lot 4, section 2, in “Westlake North Commercial” as found on the plat linked below.
The lot features approximately 100′ of frontage on Sherry Lane at the end of a cul-de-sac, on-site parking for 20+ vehicles, public water and 7 public sewerage taps. Extensive curbing and gutters are also in place.
The property is currently configured as a recreational facility formerly known as “Calvert Play Park.” The facility featured mini-golf, batting cages and bumper boats. The infrastructure remains, but much of the equipment has been dismantled or removed.
The property is suitable for redevelopment as warranted by the surrounding properties and as permitted by the zoning.
TC – Town Center – Forest District
According to the Prince Frederick Master Plan, “The Forest District is highly suitable as an employment center and can accommodate the same types of uses that are currently located within the Industrial Park. It is also highly suitable for residential developments and/or mixed-use developments.”
Example uses found within the use table on master plan (page ZO 44 etc) include:
For more information about the Prince Frederick Town Center, including master plan updates, please visit:
Please complete a Waiver and Confidentiality Agreement form to view the appraisal.
In fee simple; sold free and clear of all liens
Published annual real estate taxes are $7,527.47, based on a full value assessment of $707,133.
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 $25,000 deposit, or ten percent (10%) of the Purchase Price (whichever is greater), in a cashier’s check to be delivered to the Auctioneer’s office at 6500 Falls Road, Baltimore, MD 21209, or sent by wire transfer, by Friday, February 5, 2021 at 4:30 P.M. 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!