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48.72 Acres Lot
$ 1,000,000
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48.72 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Hickory
MLS Listing ID MDHR2037490
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $34,569
Tax Year 2024
Lot Size 48.720 Acres
Acres 48.72
Property Description
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).
Location
State MD
County Harford
Zoning CI
Exterior
Waterfront N
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District Harford County Public Schools
Others
Tax ID 1303064387
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
Listed by Charles N Billig • A.J. Billig & Company
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John Swartz