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FOR SALE
$975,000

711 Philadelphia Road
Joppa, MD 21085

Other
Residence
38.72
Acre Lot
1of
Photos
Map
Courtesy: O'Neill Enterprises Realty
brightmlshomes.com> Maryland> Joppa> 21085
To be offered for sale at Public Auction on Tuesday, Dec. 1, 2020 at 12 Noon at the office of O'Neill Enterprises at 103 E. Jarrettsville Road, Suite A, Forest Hill, MD 21050. List price is the suggested opening bid and not the anticipated sale price. Virtual and on-line bidding options available. $ 50,000.00 Contract Deposit required. The balance of 10% of the purchase price is to be wired to the Auctioneer not later than 12 noon on December 2, 2020. 5% Buyer's Premium. Settlement on December 31, 2020. Owner financing option: $ 300,000.00 cash paid at settlement; balance of the purchase price to be repaid within not more than fifteen (15) years with an annual interest rate of 6% of the unpaid balance of the purchase price to accrue; monthly payments of interest and principal based on not more than 15 year's amortization. Ownership is in a LLC so it is very easy to transfer ownership. The property is comprised of 2 unimproved parcels of land (23.71 acres , Tax ID No. 01-020374, Parcel 522; and 15.02 acres, Tax ID No. 01-074407, Parcel 102) to be sold as an entirety. Located in the Edgewood/Joppa Economic Development Enterprise Zone. The CI - Commercial/Industrial - Zoning classification allows a broad variety of uses to include retail * office * motel/hotel * retirement community in addition to traditional commercial and industrial uses. Located within 1 mile distance from Interstate 95 via Exit 74, this fairly level tract has frontage on MD Rte. #7 (Philadelphia Road) and access from Paul's Lane - a private road right-of-way in use with others. See the Supplemental Information Brochure for information, maps, etc. regarding this parcel and adjoining parcels which are also for sale. Pre-Auction Contracts will be considered.
MDHR253464
Other
HARFORD
38.72 Acres
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Courtesy: O'Neill Enterprises Realty
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