4741,4743, 4745 Ridge Rd 3 biens | À vendre | 864 400 € | Localisations multiples

REAL ESTATE AUCTION
Featuring Live & Simulcast Online Bidding
$1,000,000 Opening Bid
EASTERN BALTIMORE COUNTY
– White Marsh Area –
4.14± ACRE MIXED-USE PROPERTY
Storefront – Warehouses – Greenhouses & Single Family Home
Tenant Occupied By:
Health For Life Cannabis Dispensary
& Lilley Construction Company
Value-Add Investment Or Owner User Opportunity
Sale On Premises:
4743 & 4745 RIDGE ROAD
A/K/A 4741-4745 Ridge Road
Tax IDs: 2200021809 & 2200021810
Corner Perry Hall Boulevard
Nottingham, Baltimore County, Maryland 21236
Online Bidding Opens
MONDAY, NOVEMBER 3, 2025
Live Onsite Auction Begins
TUESDAY, NOVEMBER 4, 2025 AT 12:00 NOON
NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property.
GENERAL INFORMATION:
4743 & 4745 Ridge Road comprise a 4.14 acre mixed-use property in eastern Baltimore County between White Marsh and Rossville. The property features predominantly BL zoning, tenant occupied retail storefront, two warehouses (one tenant occupied), four greenhouses, single family home, large garage and ample parking. The property was the one time home of Seifert’s Florist, Inc., one of the area’s largest purveyors of poinsettias, and has since been repurposed for use as an investment property. Current tenants include Health for Life Cannabis Dispensary and Lilley Construction Company, providing a total of $112,486.68 per year in gross annual income at approximately 50% occupancy. The property is well situated for purchasers looking for a value-add investment or owner-occupants looking to buy a new home for their business. The auction offers an exciting opportunity to acquire an asset with existing income and ample potential.
LOCATION:
The property is located in eastern Baltimore County a short distance northeast of the Baltimore Beltway (I-695) and I-95 interchange. The area is formally known as Nottingham and generally referred to as White Marsh or Rossville. The location provides exceptional access to the Baltimore Beltway via exits 31 (White Marsh Boulevard, MD-43), 32 (Belair Road) and 35 (Pulaski Highway). I-95 is easily accessible via White Marsh Boulevard or the Beltway.
The White Marsh commercial district, including White Marsh Mall, several retail strips, flex-industrial parks and a variety of major employers, is just 1.3 miles east via Perry Hall Boulevard. MedStar Franklin Square Hospital and CCBC (Essex) are one mile south via Rossville Boulevard. Exposure at the site is good, with 13,743 cars per day passing the site along Perry Hall Boulevard, and 2,693 along Ridge Road, according to MDOT AADT traffic counts. There is a signalized intersection at Perry Hall Boulevard and Ridge Road at the northern corner of the property.
SITE:
Lot size: 4.14 acres total, more or less, comprised of two lots and as detailed below. Acreage is as derived from tax records.
Known as lots 2 (4743 Ridge Road, Tax ID 2200021809) and 3 (4745 Ridge Road, 2200021810) on the Plat entitled “Subdivision Plat of Lot 1, August J. Seifert Property, 4741, 4743 and 4745 Ridge Road,” recorded in Baltimore County Plat Book Liber S.M. 67, page 15.
ZONING:
Lot 2 (Tax ID 2200021809) is zoned BL – Business Local. According to the Baltimore County Citizen’s Guide to Zoning, “Typical Uses Permitted by Right: Retail sales, personal services, restaurant, bank, office, tavern, food store, medical clinic.”
Lot 3 (Tax ID 2200021810) is zoned DR 1 – Residential. According to the Baltimore County Citizen’s Guide to Zoning, the zone allows single family, semi detached and duplex housing with a permitted density of 1 dwelling unit per acre.
IMPROVEMENTS:
The property is improved by a retail storefront, two warehouse buildings, large garage, single family home and four greenhouses, as detailed below.
The retail storefront and one of the greenhouses is leased by Health for Life Cannabis Dispensary (S8, LLC) for $84,886.68 per year plus property taxes on lot 2 and site maintenance. One of the warehouses is leased to Lilley Construction Group, Inc. for $27,600 plus site maintenance. Total gross scheduled income is $112,486.68 per year.
The single family home is occupied by family members of the owners, and is anticipated to be vacant prior to closing. The balance of the structures are vacant.
LEASE DETAILS AND FINANCIAL INFORMATION:
Please complete the Waiver and Confidentiality agreement to view the lease details and financial information. Basic details as follows:
Health for Life Dispensary (a/k/a S8 Management, LLC and LMS Wellness) is renting the retail storefront and attached greenhouse for $7,073.89/month or $84,886.68/year plus property taxes and maintenance. Annual 3% increases on May 1st.Initial lease executed 3/14/2017. Lease is in the first of two 5 year extensions, with the current period running through 4/30/2027. Tenant has a Right of First Refusal.
Lilley Construction rents one of the warehouses for $2,300/month or $27,600/year plus site maintenance. Annual lease executed on 1/1/2024. The lease is in the first of 4 one year extensions. 120 landlord termination available.
2024 NOI showing as $90,390.52 at approximately 50% occupancy.
SUMMARY TERMS OF SALE:
Please see the contract of sale for complete terms.
Live Auction Bidders – a $100,000 deposit, payable by cashier’s check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer’s office (wire or cashier’s check).
Online Auction Bidders – a $100,000 deposit, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by cashier’s check or wire transfer by 4:00 P.M. on the day of auction.
NOTE: List price is opening bid for the auction only. Property sold subject to seller approval of the price. Health for Life has right of first refusal. Additional information coming soon.