$195,000 commercial out-parcel rt. 13, princess anne, …...commercial out-parcel rt. 13, princess...

All Sperry Van Ness® Offices Independently Owned and Operated.

US Rt. 13 Commercial Pad Site

COMMERCIAL OUT-PARCEL Rt. 13, Princess Anne, MD 21853

$195,000

Presented By: Henry Hanna, CCIM, SIOR 206 E. Main Street Salisbury, MD 21801 (410)543-2420 [email protected]

Wesley Cox, CCIM 206 E. Main Street Salisbury, MD 21801 (410)543-2421 [email protected]

Offering Highlights

.57 Acre Commercial Out-Parcel

Zoned C-2 Wide range of commercial uses permitted

Located 1 mile to UMES - 4,200 students

http://sale.svn.com/pacommercialpad

08/30/2011

HIGHLIGHTS

The informa�on listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

PROPERTY DESCRIPTION


COMMERCIAL OUT-PARCEL

Rt. 13, Princess Anne, MD 21853

List Price $195,000.00

Size .57

Shape

Zoning C-2

Dimensions 394 x 372 x 165

Topography Cleared

Price Per Acre $342,105.26

Price Per SF

.57 Acre Commercial Out-Parcel

Zoned C-2 Wide range of commercial uses permitted

Located 1 mile to UMES - 4,200 students

http://sale.svn.com/pacommercialpad

Tax Parcel No. Map 200, Parcel 1184 Sewer Yes Water Yes

Electric Gas

Phone Corner No

Signalized Street Frontage 395

Ingress/Egress Sub Market Princess Anne

Market Eastern Shore of MD Exclusively Listed By:

Henry Hanna, CCIM, SIOR (410)543-2420 [email protected]

Wesley Cox, CCIM (410)543-2421 [email protected]

Area Located in Princess Anne, Somerset County, Maryland with great US Route 13 visibilty & exposure. Located near district court offices, health care agencies, restaurants and bank. Traffic count 26,000+ per day.

Property .57 acre commercial lot. 1 EDU.

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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.


www.svn.com


Location Map


www.svn.com


Parcel Map


Princess Anne, Maryland C-2 General Commercial District

The following uses shall be permitted in the C-2 General Commercial District:

A. Any use permitted in the R-1 and C-1 Districts. B. Automobile filling and service stations and automobile repair and service shops, subject to conditions indicated under § 163-40A of this chapter. C. Bottling or distribution stations for beverages. D. Wholesale and warehousing establishments. E. Bakery, clothes-cleaning and rug-cleaning plants. F. Bowling alleys, skating rinks, dance halls and other similar recreational establishments. G. Drive-in eating or refreshment establishments, subject to conditions indicated under § 163-40B of this chapter. H. Plumbing, heating or air-conditioning services or contractors. I. Lumberyards. J. Sales and storage of paints, hardware and agricultural products. K. Open air market site, subject to the regulations provided in Chapter 111, Peddling and Soliciting, Article I, Open Air Markets, of this Code. [Added 9-15-1994 by Ord. No. 94-06] L. Child-care centers, subject to the following conditions: [Added 5-12-2008 by Ord. No. 2008-03] (1) Parking: One space for each 10 attendees, one space for each employee and one off-street loading and unloading area shall be provided. M. Any other use which is determined by the Code Enforcement Officer to be similar in nature to those listed above. [Amended 9-5-1994 by Ord. No. 94-06; 5-12-2008 by Ord. No. 2008-03] [Amended 11-4-1996 by Ord. No. 96-10] Accessory Uses - The following shall be permitted in the C-2 District as accessory uses: A. Off-street parking lots or parking structures. B. Off-street loading facilities. C. Other accessory uses and structures, not otherwise prohibited, customarily accessory and incidental to any of the permitted uses.


Lot Area Requirements [Amended 6-10-2002 by Ord. No. 2002-2]

There shall be no front yard, side yard, rear yard and lot width requirements, except that no building or use shall be located within a distance of 20 feet from the nearest boundary line of any R-1 District. There shall be no lot coverage requirements in any C-2 District.

Comprehensive site plan

To ensure that the impact of these developments is not detrimental to existing areas and will not create an adverse impact on adjoining developments, a comprehensive site plan is required to be approved by the Planning Commission prior to the issuance of a building permit.

C-1 Community Commercial District The following uses shall be permitted in the C-1 Community Commercial District:

A. Any use permitted in the R-1 Residential District.

B. Grocery and drug stores.

C. Restaurants, cafes, soda fountains or similar uses.

D. Antique or gift shops.

E. Retail stores, including but not limited to clothing stores, book or stationery stores, shoe stores, jewelry stores, appliance stores, bakery or candy stores and auto accessory stores.

F. General service establishments, including but not limited to barbershops, beauty salons, clothes-cleaning shops, electricians and television or radio services.

G. Funeral homes.

H. Hotels, motels or motor hotels.

I. Offices, banks and public buildings.

J. Bus depots or other mass transit passenger depots.

K. Sales of new automobiles and farm machinery.

L. Theaters or similar recreational or cultural establishments.

M. Newspaper offices and printing shops.

N. Open air market site, subject to the regulations provided in Chapter 111, Peddling and Soliciting, Article I, Open Air Markets, of the Code. [Added 9-5-1994 by Ord. No. 94-06]


O. Any other use which is determined by the Code Enforcement Officer to be in similar nature to those listed above. [Amended 11-4-1996 by Ord. No. 96-10]

The following uses shall be permitted in the C-1 District as accessory uses:

A. Off-street parking lots or parking structures. B. Off-street loading facilities. C. Other accessory uses and structures, not otherwise prohibited, customarily accessory and incidental to any of the permitted uses. [Amended 12-6-1993 by Ord. No. 93-04; 8-15-1994 by Ord. No. 94-09; 11-4-1996 by Ord. No. 96-10]

The following uses may be permitted by the permission of the Board of Appeals in accordance with the conditions indicated and such other conditions as may be imposed by the Board:

A. Automobile filling and service stations and automobile repair and service shops, provided that:

1. They shall be located on a lot abutting on a highway. 2. The entrance or exit of such establishments shall be at least 50 feet from any lot

zoned residential. 3. No fuel pump, oil drainage pit or other visible appliance for such purpose

shall be located within 15 feet of the front lot line. 4. No structure or building shall be erected within 30 feet of any dwelling.

B. Drive-in eating or refreshment establishments, provided that: 1. Buildings shall be located at least 100 feet from any lot zoned residential. 2. Automobile parking areas shall be located at least 20 feet from any lot zoned

residential. 3. Entrances or exits for motor vehicles shall be located at least 50 feet from any

adjacent lot line.

C. Bowling alleys, skating rinks, dance halls and other similar recreational establishments. D. Bottling or distribution stations for beverages, wholesale and warehousing establishments and bakery, clothes-cleaning and rug-cleaning plants. E. Bed-and-breakfast inns, subject to the restrictions set forth in § 163-22H of this chapter. F. Child-care centers, subject to the following conditions:

1. Parking. One space for each 10 attendees, one space for each employee and one off-street loading and unloading area shall be provided.

Lot Area Requirements

There shall be no front yard, side yard, rear yard and lot width requirements, except that no building or use shall be located within a distance of 20


Property Links The Town of Princess Anne http://www.townofprincessanne.com/

Town website including, business, education, government, events, location, etc.

Princess Anne Economic Development http://://www.townofprincessanne.com/partnership.htm

Princess Anne Main Street Partnersip


1 . Advisor Profile

AdvisorsSperry Van Ness Advisors


Henry Hanna, CCIM, SIOR

Henry Hanna, CCIM, SIOR Senior Advisor Sperry Van Ness

Henry H. Hanna, III, CCIM, SIOR serves as the National Director of Industrial Properties and is a senior advisor for Sperry Van Ness/Miller Commercial Real Estate. He specializes in the marketing and sale of industrial and commerical properties. With over 40 years of brokerage experience, Hanna has successfully represented banks, developers, investors, commercial and industrial companies as well as local and state governments. Prior to joining Sperry Van Ness/Miller Commercial Real Estate Hanna served as a commercial manager for Long & Foster Commercial. During his tenure with L&F he was recognized as the Top Commercial/Investment Sales Associate for the Mid-Atlantic Region for six years. Before joining Long & Foster Commercial, Hanna served as broker/owner of Ahtes, Hanna, and McLaughlin where he held the position of CEO and was responsible for commercial and industrial sales. Notable career highlights for Hanna include representing owners and developers as a broker for national retail companies including Walgreens, CVS, Rite Aid, convenience stores including Wawa, 7-11 and Sheetz and many banks including PNC and M & T. Currently he is a Mid-Atlantic Team Leader for SVN Asset Recovery helping local, regional and national banks and their borrowers to solve real estate issues. He has brokered industrial sales including the Northwood Industrial Park in Salisbury, Maryland; has worked with national and international companies (from Germany, Italy and Belgium); has listed, marketed and sold a variety of pharmaceutical, defense, hi-tech, manufacturing, modular homes and boat building companies. He has also actively worked with the State of Maryland, the Department of Business and Economic Development, and MEDCO - the Maryland Economic Development Corporation. Hanna holds the prestigious Society of Industrial and Office Realtors designation (SIOR), the Certified Commercial Investment Member (CCIM) designation and is a member of the International Council of Shopping Centers (ICSC). He served as past chair for the Salisbury University (SU) Foundation and SU Real Estate Foundation where he also volunteers regularly and provides his expertise and advice on real estate matters. . Hanna earned a Masters of Business Administration from Southern Illinois University in Edwardsville, Illinois in addition to a Bachelor of Arts in government and foreign affairs from the University of Virginia in Charlottesville, Virginia.

Sperry Van Ness Staff Staff


Wesley Cox, CCIM

Wesley Cox, CCIM Senior Advisor Sperry Van Ness

Wesley Cox, CCIM serves as a Senior Advisor for Sperry Van Ness-Miller Commercial Real Estate, specializing in the sale of commercial investment property, multifamily, industrial, retail, and land in eastern Maryland and southern Delaware. Cox has secured over 100 transactions and participated in over $70 million in volume in the past 8 years. Prior to joining Sperry Van Ness-Miller Commercial Real Estate, Wesley served as a commercial realtor for Long & Foster Real Estate, Inc., where he was a full service broker handling the listing process, landlord and tenant representation, and buyer representation. Notable career highlights for Wesley include the sale of a 25,000 SF first class industrial facility to a defense contractor, the negotiation of a 10 year lease of a 43,200 SF retail space in the Payless Shopping Center, and the high profile sale of a 11 acre commercial business park in Fruitland, Maryland that encompassed 2.75 acres as a Hampton Inn & Suites. Cox was also involved in the sale of a 160,000 SF former Crown Cork & Seal industrial facility that was converted into an indoor sports complex, the Crown Sports Center, now the largest on the east coast. As a strong believer in serving the community, Wesley is the President for the Salisbury Area Chamber of Commerce Foundation, Inc and serves on the board of directors for the Lower Shore American Red Cross and the Wicomico Rotary Club and is also the assistant treasurer. He is the author of a newspaper column for the Daily Times and the Mid-Atlantic Real Estate Journal and has been featured in the CCIM Real Estate magazine. Wesley earned the prestigious Certified Commercial Investment Member (CCIM) designation after only 3 years in the business, is a CCIM partner, and is a member of the International Counsel of Shopping Centers (ICSC). Cox received a Bachelor of Science in business administration with an emphasis in finance as well as a second Bachelor of Science in management information systems from Salisbury University and was recognized on the Dean's List throughout his college career.

All materials and information received or derived from Sperry Van Ness - Miller Commercial Real Estate(hereinafter collectively “Sperry Van Ness”), its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty by Sperry Van Ness its directors, officers, agents, advisors, or affiliates as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither Sperry Van Ness its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Sperry Van Ness will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Sperry Van Ness makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Sperry Van Ness does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Sperry Van Ness in compliance with all applicable fair housing and equal opportunity laws. Sperry Van Ness - Miller Commercial Real Estate is independently owned and operated.

$195,000 commercial out-parcel rt. 13, princess anne, …...commercial out-parcel rt. 13, princess...

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