P365 Old Columbia Pike - Residential LAND FOR SALE


Burtonsville, MD 20866 485,258 SF
$1,050,000 USD
847-509-2757
P365 Old Columbia Pike, Burtonsville, MD for Sale
$1,050,000 USD
Residential LAND - FOR SALE
1/1
485,258 SF

P365 Old Columbia Pike
Burtonsville, MD 20866


HIGHLIGHTS

  • 11.14 acre parcel of land.
  • Ideal for developing two single family homes.

OVERVIEW

Bid Deadline: March 14, 2025 at 5 pm CT Possible Live Auction Date & Time (Top Bidders): March 21, 2025 at 10 am CT, via Zoom Minimum Bid: $1,050,000.00 Buyer’s Premium: 5% of Sale Price Zoning: RC (Minimum 5 Acres Lots) Sale Process: This sale is being conducted by Order of the U.S. Bankruptcy Court for the District of Maryland (Greenbelt Division) in Case No. 21-10491-MCR Chapter 11 (Burtonsville Crossing, LLC, Debtor) and Case No. 21-10492-MCR Chapter 11 (Elderhome Land, LLC, Debtor), Jointly Administered Under Case No. 21-10492 MCR. Bids must be received on or before the deadline of March 14, 2025 at 5 p.m. (CT) and must be submitted on the Purchase and Sale Agreement provided here along with proof of sufficient funds. Bids should be submitted to Diana Peterson via email at dianap@awproperties.com. The successful bidder and back-up bidder shall both be required to post a non-refundable good faith deposit, with no financing or inspection contingencies. The successful buyer shall close within seven (7) business days after Court approval of the sale and any stay of such order shall be waived. Bid Procedures: Please refer to the bidding procedures provided here. Any questions should be directed to Diana Peterson: dianap@awproperties.com; 312.218.6102. For Information Relating to the Other Land Parcel Included in this Bankruptcy Court Ordered Sale, Please Click Here:https://auctions.awproperties.com/product/bankruptcy-court-ordered-sale-of-burtonsville-maryland-land-ideal-for-senior-housing-or-sf-development/

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/ACRE

$94,255/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Bankruptcy Court Ordered Sale

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Single Family Development

LAND ACRES

11.14 AC

LAND SF

485,258 SF

OFFSITE IMPROVEMENTS

-

ZONING

RC

APN/PARCEL ID

05-00272438

ASK ABOUT THIS PROPERTY

Diana PetersonAW Properties GlobalMore Info
847-509-2757

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Diana PetersonAW Properties GlobalMore Info
847-509-2757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.