ONLINE REAL ESTATE AUCTION!! Bidding Opens: Monday, January 6, 2025. Bidding Closes: Wednesday, January 8, 2025 at 12:00 noon. List price is opening bid only. A $100,000 deposit, payable by cashierâs check or wire, will be required of all online bidders prior to the start of the live auction. Triple net ground lease to Sheetz, Inc., originally dated April 14, 2000 and as amended by subsequent addenda. The lease is in a five-year extension period, running through May 31, 2026, with an annual rent of $203,643 NNN. There are 7 remaining five-year options at 10% per period increased base rent. The extension beginning June 1, 2026 has an annual rent of $224,007 NNN. Tenant pays for all maintenance, insurance and annual real estate taxes.
TREMENDOUS BUSINESS OPPORTUNITY... location, location, location! Prime real estate would be an understatement. Size permitting, this parcel of land is ideal for any business venture - gas station, convenient store, fast food, material storage, etc. The list goes on! Proximity to Interstate 95 and convenience of access means overall exposure and traffic count is astronomical. Fantastic road frontage, totaling 504 linear feet on North end of property and 159 linear feet on West end. In total, the lot is 0.84 acres. Zoned Commercial Industrial with a Residential usage. Structure on lot is vacant and uninhabitable. Existing water & sewer service! ***DO NOT ENTER BUILDING*** MDTA approved Park & Ride concept for adjacent lot available upon request!
The median home value in Joppa, MD is $365,182. The national median home value is $338,100. The average price of homes sold in Joppa, MD is $365,182. Joppa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Joppa real estate agent to arrange a tour today!