Seller is patient and open to allowing a developer time to secure entitlements prior to closing, with a deposit structure consistent with marketplace standards.
Broker has extensive experience working with the Seller, having successfully completed multiple transactions with him over the years.
In collaboration with LandDesign, BridgeWater Real Estate Brokerage has prepared a conceptual layout illustrating the potential for a thoughtfully designed residential community situated on the property’s plateau areas. The concept highlights the opportunity to create a truly unique mountaintop community with extraordinary views overlooking the Patapsco River and Patapsco River Valley. This conceptual plan is included in both the Offering Memorandum and the Broker’s Data Vault.
BridgeWater Real Estate Brokerage and the Seller recognize that the property presents many unknowns regarding engineering costs and entitlement risk. Given the level of interest in the site, we anticipate multiple offers around the $2.5 million asking price. As a result, the successful purchaser will likely be the group that has completed the most homework and can demonstrate the greatest confidence in its ability to execute.