"Waldorf - St. Charles Industrial Park"

1± ACRE
DEVELOPMENT PARCEL
Zoned PUD – Commercial

Known As
3 HENRY FORD CIRCLE
Off Post Office Road
Waldorf, Charles County, MD 20602

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:
3 Henry Ford Circle is located in the St. Charles planned development in the town of Waldorf in northern Charles County. Located within one of four industrial parks, the lot is especially convenient, with proximate access to Crain Highway MD-301 (1 mi.), MD-228 (1 mi.) and MD-5 (0.5 mi.). The surrounding area is comprised of primarily automotive use with several commercial businesses around. On MD -301 there is an array of shopping centers, hotels, restaurants, grocery stores and car dealerships. The Maryland Motor Vehicle Administration office, Maryland Department of Transportation Vehicle Emissions site and other state government locations are also close by. Alexandria, VA is 25 miles to the northwest and Washington DC is 28 miles north. Fredericksburg and the I-95 corridor are within 50 miles. 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:
Charles County – www.charlescountymd.gov
St. Charles Industrial Park – www.meetcharlescounty.com

SITE:
Lot size – 0.995 acre, more or less, according to public records.

Known as Lot Number 2 on the Plat of St. Charles Industrial Park East, St. Charles Communities, found in Charles County Plat Book 38, page 209.

Plat

Fronts approximately 174′ on Henry Ford Circle.

Public utilities are believed to be available for hook up on the property.

ZONING:
PUD – Planned Unit Development, Commercial

According to the Meet Charles County Website, “Zoning and conditions of approval within the Planned Unit Development (PUD) are governed by a document referred to as Docket 90 rather than by the county zoning.” Per Maredith Management, the community manager, the lot may be used for commercial use with a possibility of having light industrial use.

Possible uses for the parcel include self storage facilities, indoor recreation, such as bowling alleys, indoor tennis courts, rifle and pistol ranges, commercial offices or clinics, veterinary hospital and more.

See the Table of Permissible Uses for a list of approved uses. Follow the column marked North/Mid.

For more information, please visit:
Planning and Growth Management – www.charlescountymd.gov

TITLE:
In fee simple; sold free and clear of liens. Charles County Deed Book Liber SLH 10459, folio 154.

TAXES:
Published annual real estate taxes are $1,879.67, based on a full value assessment of $142,700.

SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
A 10% deposit, payable by cashier’s check or wire transfer, will be required of the purchaser, 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. A 5% buyer’s premium will be added to the final bid price.