2001 Conowingo Road
$1,000,000
Description
2001 Conowingo Road,
Bel Air,
MD
21014
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, January 6, 2025. Live On Site Auction - Thursday, January 9, 2025 at 11:05 AM. List price is opening bid only. The site comprises a total of 48.86 acres. There are two tenants on the property, a cell tower under ground lease and a traditional residential tenant. The cell tower lease is in the third of seven 5-year renewal periods with the current period ending 7/31/25 and at a current lease rate of $40,212.12 per year ($3,351.01 per month). Lease rate is tied to a CPI formula. The residential tenant is paying $1,050 per month on an annual lease through August 31, 2025 (tenant since 2007).
This is an Active listing.
Broker Office Phone Number: 410-296-8440
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: A.J. Billig & Company via Data Source: Bright MLS
Price History
date | price | variance | type |
---|
11/5/2024 | $1,000,000 | - | Listed |
listing agent: Charles Billig