Property Attributes
- MLS#MDHR2030718
- TypeCommercial
- CountyHARFORD
- CityFallston
- Zip21047
- StyleConvenience Store/Gas
- Year Built1981
- Taxes$ 9704
- Price$ 1,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2520
- Lot Size1.13 Acres
Data Source:
Bright MLS
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Tuesday, May 14, 2024. Live On Site Auction - Thursday, May 16, 2024 at 12:15 PM. List price is opening bid only. $100,000 cashier's check deposit required to bid. Triple net ground lease to 7-Eleven, Inc., dated September 1, 1979 and as amended by the First Amendment to Lease dated February 22, 2019. The current lease is in the first of 3 five-year extension periods provided by the above referenced First Amendment, running through August 2024, with an annual rent of $102,000 NNN. There are 2 remaining five-year options at increased rentals. The extension beginning 9/1/2024 has an annual rent of $112,200 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes. The property is situated in the Fallston area of Harford County at the corner of Fallston Road (MD-152) and Pleasantville Road, a signalized 4-way intersection. An acceleration lane out of the property is immediately off the intersection. Ingress and egress are available from both Fallston Road and Pleasantville Road. Fallston Road is a major artery for those commuting to I-95, Baltimore, APG and other surrounding employment centers in the area. Daily traffic (AADT) is stated to be 22,575 cars along Fallston Road in front of the property, and 4,715 along Pleasantville Road, according to MDOT online mapping. The immediate area is a village center for the surrounding communities, and features restaurants, pharmacy, offices and services businesses. An elementary school and major area recreation complex are approximately one-half mile east. The larger area is a mix of residential, with a number of small and medium sized subdivisions in the area, and large agricultural properties.
Price History | |
---|---|
4/12/2024 | Listed $1,000,000 |
General Features
Sewer | Private Septic Tank |
---|---|
Heating | Heat Pump(s) |
Cooling | Other |
Possession | Immediate |
Zoning | B1 |
Construction Materials | Masonry |
Year Built | 1981 |
Property SubType | Special Purpose |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Other |
Auction Location | On Site & Simulcast Online |
Auction Type | Subject To Seller Confirmation |
Business Type | Convenience Store/Gas |
Accessibility | Other |
County | HARFORD |
Net Operating Income | 102000.00 |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | NONE AVAILABLE |
Water Access Y/N | No |
Property Use | Investment |
Status | ACTIVE |
Directions | Corner Fallston Road |
ModificationTimestamp | 2024-04-12T15:56:57 |
City | FALLSTON |
Buyer Agent Compensation | 1 |
Auction Time | 12:15 PM |
Disclosures | None |
Total Units | 1 |
Lot Size Square Feet | 49223.00 |
Tax Assessed Value | 890367.0 |
Waterfront Y/N | No |
Street Name | PLEASANTVILLE |
Tax Annual Amount | 9704.0 |
Price Per Sq Ft | 396.83 |
Vacation Rental Y/N | No |
Days on Market | 19 |
Standard Status | Active |
Year Built Source | Assessor |
Tax Lot | 1 |
Total Actual Rent | 102000.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Other |
---|---|
Hot Water | Other |
Heating Y/N | Yes |
Street Suffix | ROAD |
Central Air Y/N | No |
Exterior Features
Parking Features | Handicap Parking |
---|---|
Water Source | Well |
Total Parking Spaces | 25 |
Type of Parking | Parking Lot |
Land Use Code | C |
Traffic Count | 20000-29999 |
Water View Y/N | No |
Building Area Total | 2520.00 |
Lot Size Acres | 1.13 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Land Assessed Value | 604100.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Car Parking Spaces | 25 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool