Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Friday, June 23, 2023. Live On Site Auction - Wednesday, June 28, 2023 at 12:00 noon. List price is opening bid only. On Site Auction to be held at Redner+GGs Fresh Market Parking Lot +GG Northwest Corner, 2126 N. Fountain Green Rd., Bel Air, MD 21014. 2 Other Parcels to be auctioned - offered individually and as an entirety. There are three tenants on the property, Baker Forest Products, cell tower and one residential tenant. Total gross scheduled annual rent is $48,718.73. The auction provides an opportunity to purchase one of the largest commercial development sites in Harford County, in a location with sufficient demand to support a variety of development perspectives. Ongoing rental income at the site provides additional investment stabilization. That income can strategically off-set the soft costs and time attributable site design and entitlements, or otherwise provide revenue to accompany a long-term hold perspective. All-in, the offering represents a remarkable investment opportunity.
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0BEDS
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48.87ACRES
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0BATHS
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01/2 BATHS
Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Friday, June 23, 2023. Live On Site Auction - Wednesday, June 28, 2023 at 12:00 noon. List price is opening bid only. On Site Auction to be held at Redner+GGs Fresh Market Parking Lot +GG Northwest Corner, 2126 N. Fountain Green Rd., Bel Air, MD 21014. 2 Other Parcels to be auctioned - offered individually and as an entirety. There are three tenants on the property, Baker Forest Products, cell tower and one residential tenant. Total gross scheduled annual rent is $48,718.73. The auction provides an opportunity to purchase one of the largest commercial development sites in Harford County, in a location with sufficient demand to support a variety of development perspectives. Ongoing rental income at the site provides additional investment stabilization. That income can strategically off-set the soft costs and time attributable site design and entitlements, or otherwise provide revenue to accompany a long-term hold perspective. All-in, the offering represents a remarkable investment opportunity.
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Gail Nyman Group | Re/Max United Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-06T23:50:49.447.