Fallston, MD 21047,2400 PLEASANTVILLE RD
Fallston, MD 21047,2400 PLEASANTVILLE RD
Fallston, MD 21047,2400 PLEASANTVILLE RD
Fallston, MD 21047,2400 PLEASANTVILLE RD
Fallston, MD 21047,2400 PLEASANTVILLE RD
Fallston, MD 21047,2400 PLEASANTVILLE RD
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$1,785,000

$1,000,000

78.5%
Est.Price: ?

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Est. payment /mo

2,520 SqFt


SOLD DATE : 07/17/2024

Key Details

Sold Price $1,785,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $708

Subdivision None Available

MLS Listing ID MDHR2030718

Sold Date 07/17/24

Originating Board BRIGHT

Year Built 1981

Annual Tax Amount $9,704

Tax Year 2023

Lot Size 1.130 Acres

Acres 1.13

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.

Location

State MD

County Harford

Zoning B1

Interior

Hot Water Other

Heating Heat Pump(s)

Cooling Other

Heat Source Other

Exterior

Garage Spaces 25.0

Water Access N

Accessibility Other

Total Parking Spaces 25

Garage N

Building

Sewer Private Septic Tank

Water Well

New Construction N

Schools

School District Harford County Public Schools

Others

Tax ID 1304041976

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Auction

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Bright MLS (BMLS)
Listed by Charles N Billig • A.J. Billig & Company
Bought with Charles N Billig • A.J. Billig & Company
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3801 Kennett Pike Suite D200, Greenville, Delaware, 19807, United States

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