Boyds, MD 20841,16620 WHITES FERRY RD
Boyds, MD 20841,16620 WHITES FERRY RD
Boyds, MD 20841,16620 WHITES FERRY RD
53
$575,000
$575,000
Est.Price: ?

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1,200 SqFt

16620 WHITES FERRY RD Boyds, MD 20841

Est. payment /mo
SOLD DATE : 08/12/2024

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Key Details

Sold Price $575,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $479

MLS Listing ID MDMC2134702

Sold Date 08/12/24

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $7,911

Tax Year 2024

Lot Size 1.130 Acres

Acres 1.13

Property Description

Two parcels: 16620 Whites Ferry Rd (1.000 acres) and 16650 Sugarland Rd (0.130 acres. The properties have a base zoning of R-200 with 26,160sqft designated as Neighborhood Retail (Employment - NR) zoning with a Floor Area Ratio (FAR) of 0.75 allowing for a maximum of 19,620sqft of commercial building space and a max building height of 45'. This leaves 31,272sqft of R-200 zoned area.

There are currently 5 structures on the property: cinder block garage with second story office, a residential structure, and 3 storage buildings. One storage building belongs to the tenant (metal building closest to the garage). The residential structure and both other storage buildings likely require demolition.

Property is currently under lease. Tenant is paying $3,003.48/month base rent plus tenant pays full property tax bill ($659.22/month) for a total of $3,662.70/month. Current lease term ends Feb 28, 2026.

NR zoning allows for many, various permitted uses including: Nursery, Residential Care Facility, Day Care Center, Educational, Religious Assembly, Restaurant, Retail, Live/Work Unit, Taxi/Limo Facility, and numerous other uses under Limited or Conditional Use.

Property needs substantial work or full redevelopment and is being sold strictly as-is.

Location

State MD

County Montgomery

Zoning NR 0.75 H45

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Oil

Exterior

Garage Spaces 10.0

Water Access N

Street Surface Black Top

Accessibility None

Total Parking Spaces 10

Garage N

Building

Lot Description Additional Lot(s)

Sewer Private Septic Tank

Water Well

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 160300037086

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Cash, Bank Portfolio

Listing Terms Conventional, Cash, Bank Portfolio

Financing Conventional,Cash,Bank Portfolio

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by James Williams • Hagan Realty
Bought with NON MEMBER • Non Subscribing Office

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Skip Tolley

Agent | License ID: 528296

+1(410) 935-7500

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