2001 Conowingo RdBel Air, MD 21014

Property Details for 2001 Conowingo Rd

Year built

1940

Construction

BRICK

Lot size

48.72 AC

Property size (Sq ft)

13,917 SF

Zone code

CI

Property type

Warehouses

APN

03-064387

APU

3064387

Description

This exceptional 48.86-acre commercial development site in Bel Air, Maryland, presents a unique investment opportunity. Located at 2001 Conowingo Road, the property boasts prominent frontage on US-1 (Hickory Bypass), Fountain Green Road, and Conowingo Road, ensuring high visibility and accessibility. The site is zoned CI (Commercial Industrial), allowing for a wide range of development possibilities. Currently generating income from a cell tower lease ($40,212.12 annually, with a CPI adjustment) and a residential tenant ($1,050 monthly), the property offers immediate cash flow. Improvements include a 16,617 square foot masonry building, two houses (one rented), and several outbuildings. The property is predominantly wooded, with clear areas around the existing structures. Public water is connected, and public sewer is available. The site's strategic location benefits from high traffic counts on surrounding roads (US-1: 23,302 AADT; Conowingo Road: 12,272 AADT; Fountain Green Road: 7,680 AADT) and proximity to new retail developments and a large apartment complex. The auction includes a 5% buyer's premium. The property is being sold "AS IS," subject to existing leases, easements, and any Harford County violation notices. A $100,000 deposit is required for both live and online bidders. The sale is scheduled for January 9th, 2025, at 11:05 AM, with online bidding opening January 6th, 2025. The property is being sold in fee simple, free and clear of liens, with annual real estate taxes totaling $34,569.09. This auction offers a chance to acquire a substantial development site in a rapidly growing area. The property may be sold separately or in conjunction with the adjacent Redner's property (2126 N. Fountain Green Road), depending on buyer interest. Further details are available upon request.

• Alternative Use

  Use

  Valuation

  Residential

  $3,033,520

  Hospitality

  $2,778,688

  Educational

  $2,311,836

  Medical

  $2,391,343

  Retail

  $3,596,189

Location Insight

City

Bel Air

County

Harford

State

Maryland

Latitude

39.5746

Longitude

-76.348

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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