SOLD! Substitute Trustees’ Sale: Valuable Commercial Property in Aberdeen, MD

Lot 4 Barnette Lane, Aberdeen, MD 21001

Auction Type: Real Estate Auction

Sale Type: Foreclosure Sale

Sale Date: Friday, March 17, 2023

Sale Time: 10:00 AM

Sale Location: Circuit Court for Harford County - 20 W Courtland Street, Bel Air, MD 21014

Property Summary

This property is a commercially zoned, unimproved land parcel that contains 18.54 +/- acres. The parcel is zoned B3, Highway Commercial District, a City of Aberdeen zoning district that is intended to provide a wide range of retail, service and business uses. Additional potential uses include garden, mid-rise and high-rise apartments.

The property has 1,500 +/- feet of frontage along I-95 and is in the vicinity of I-95 interchange 85. MD Rt. 22 is located just to the south.

PROPERTY FEASIBILITY STUDY AVAILABLE. PLEASE SIGN AND RETURN RELEASE AGREEMENT TO THE AUCTIONEER TO OBTAIN THE STUDY.

Lot 4 Barnette Lane is also known as Lot 4 Barnett Lane.

Sale Terms

Summary Terms: A deposit of Fifty Thousand Dollars ($50,000.00) for the Property, payable in cash, certified check or other form acceptable to the Trustees, will be required of the purchaser(s) at the time and place of sale. The successful bidder will be required to increase the deposit to ten percent (10%) of the bid amount within five (5) calendar days of the date of sale by delivering certified funds to the Trustees in an amount sufficient to bring the total deposit to ten percent (10%) of the bid amount.

The Property is being sold in an “AS IS” condition and without any warranties or representations of any kind, either express or implied, as to the value, nature, condition or description of the Property or the improvements thereon.

See the Legal Advertisement for complete Terms of Sale.

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