Lokus Rd Offering Package v1

Transcription

Offering Memorandum
Offered by
Church & Childcare Center
Kate Jordan
Vice President
Lee & Associates
Chesapeake Region, LLC
6990 Columbia Gateway
Drive, Suite 250
Columbia, MD 21046
443.741.4041
[email protected]
8262 Lokus Road | Odenton, MD 21113
TABLE OF CONTENTS
I.
Executive Summary
II.
Property
III.
Zoning
IV.
Demographics & Traffic
V.
Tax Records
VI.
Plans
O f f e r i n g M e m o r a n d u m | Lokus Road, Odenton, Maryland
I. Executive Summary
EXECUTIVE SUMMARY
The Offering
Lee and Associates is pleased to offer for sale the three parcels and
improvements comprising the i5 Church (formerly Living Waters Worship Center)
and i5 KIDS Early Learning Center (formerly Noah’s Ark childcare). The church
and daycare are being offered for sale both individually and as a portfolio
purchase.
Daycare: 8250 Lokus Rd, Odenton, MD.
o Tax ID 04-90011858, map 21, parcel 281, lot 1, 1.06 acres.
Improvement, built in 1955, 9354 SF
o Tax ID 04-90101806, map 21, parcel 281, 0.83 acres (open space).
Church: 8262 Lokus Rd, Odenton, MD.
o Tax ID 04-90101805, map 21, parcel 281, 4.48 acres.
Improvement, built in 2000, 14,641 SF.
The property totals 6.37 acres, and offers a 14,621 SF house of worship, a 9354
SF daycare, and two paved, striped parking lots for 200+ vehicles. Well located
off Route 32 (Patuxent Freeway) in Odenton, MD, the complex has substantial
visibility from Route 32, a major state highway, with a daily traffic count of 62,000
vehicles per day.
Offering Price
The entire property, if sold together, is being offered at $5.9 million.
The parcels are also offered for sale separately:
Daycare – $2.8 million ($300/SF).
Church – $3.3 million ($225/SF).
II. Property
PROPERTY
A turn-key worship and daycare facility, this well-maintained property is ready for
immediate use. The church’s interior decoration creates a spacious, youthful,
and modern feel, ideal for a congregation seeking a contemporary style house of
worship. The existing furnishings, fixtures, and equipment can be included in the
sale, providing a new occupant the opportunity to avoid down time and begin
worship and ministry immediately.
Worship Center
The 14,641 SF church building comprises a generous covered entry, foyer,
narthex, sanctuary for nearly 1000, nursery, green room, offices, mechanical
room, A/V room, large warming kitchen, classrooms, multi-purpose room, and
storage.
Parking (including marked handicapped) offers 200 paved, striped spaces to the
right and front of the building, with an extra 30 spaces in the gravel lot. There are
32 additional parking with the childcare center, and the owner has negotiated an
agreement with a neighboring property to provide overflow parking when needed.
Worship center and parking lot
Nursery
Sanctuary
Multi-purpose room
Warming kitchen
Sanctuary
Childcare Facility
With a waiting list and a positive cash flow, the childcare business is a successful
enterprise. Equipped for 110 children, the facility includes a reception area,
classrooms, offices, break room, playground, and parking.
The building could easily be repurposed for uses including Sunday school,
parochial school, fellowship facility, or offices/administration. (See the section on
zoning in this memorandum for permitted uses).
At a Glance
Land acreage: 1.89 acres.
Building square footage: 14,641.
Year built: 2000.
Paved parking for 50.
Heating fuel: propane.
Central air conditioning.
Sprinklers
Classrooms: 4, with curtain-style
room dividers available for use.
Offices: 2.
Restrooms: kiddie commodes in
classrooms.
Childcare Facility
With a waiting list and a positive cash flow, the childcare business is a successful
enterprise. Equipped for 110 children, the facility includes a reception area,
classrooms, offices, break room, playground, and parking.
The building could easily be repurposed for uses including Sunday school,
parochial school, fellowship facility, or offices/administration. (See the section on
zoning in this memorandum for permitted uses).
At a Glance
Land acreage: 1.89 acres.
Building square footage: 14,641.
Year built: 2000.
Paved parking for 32.
Heating fuel: propane.
Central air conditioning.
Sprinklers
Classrooms: 4, with curtain-style
room dividers available for use.
Offices: 2.
Restrooms: kiddie commodes in
classrooms.
Location Map
Located off MD Route 32 (Patuxent Freeway) and near Routes 170 and 175, the
property has both good visibility and good access to major arteries and urban
centers..
To Baltimore
36 miles
To Annapolis
17 miles
To Washington, DC 29 miles
To Columbia
16 miles
III. Zoning
ZONING
Overview
The subject property is zoned O-IND (Odenton Industrial), which corresponds to
W1-Industrial Park District.
.
Zoning map – purple crosshatch indicates W-1 (Odenton Industrial)
Excerpted from the Anne Arundel County code (18-6-103), following is a
description of the W1-Industrial Park District zoning:
This District is generally for those “clean” industrial uses with
minimal nuisance characteristics in a landscaped park-like setting.
Typical uses may include offices, research and development
laboratories, light manufacturing including assembly. Support
uses such as office supply stores, restaurants, and hotels/motels
are also allowed. Minimum lot size is 40,000 square feet.
Maximum lot coverage by structures and parking is 75%.
Maximum height is 90 feet based on minimum setbacks and can
increase indefinitely provided setbacks are increased as per
formula.
The following chart lists the uses permitted under the W-1 zoning classification. Uses permitted are indicated
by the following:
•
•
•
P – permitted.
C – conditional use.
SE – special exception required.
Permitted, Conditional, and Special Exception Uses
W1
Adult bookstores
Adult day care centers
P
Adult movie theaters
Airports and airfields
Alcoholic beverage uses as accessory to other uses
SE
C
Amusement parks
Artisans and craft work
P
Automobile and truck detailing shops
P
Automobile and truck dismantling and recycling facilities
Automobile and truck rental establishments
P
Automobile and truck repair and painting facilities
Automobile and truck towing storage yards, temporary storage not to exceed 90
days
Automobile gasoline stations
C
Automobile and truck parts, supply stores, and tire stores
P
Automobile service facilities providing oil change, lubrication, and related services
P
Bakery or donut shops
A
Banks
P
Barbershops
A
Boat manufacturing, repair, and service
Bookbinding
Bottling works
Bone distillation
BRAC Mixed Use Development
C
Building material storage, including sales and yards
Bus terminals
Business complexes
P
Business complexes with auxiliary uses
C
Cabinetry and woodworking and sales without outside storage
P
Carnivals, circuses, and fairs, temporary
C
Catering establishments
P
Cement manufacturing
Chemical and allied products, nonmanufacturing
Child care centers
P
Clay and borrow pits or sand and gravel operations
Clubs, private, and service, nonprofit, and charitable organizations
P
Coke or coke products manufacturing
Commercial recreational facilities, including miniature golf; driving ranges; tennis,
racquet, and handball barns or courts; artificial ski slopes; indoor soccer; bowling
alleys; BMX bike, skateboard or roller blade parks; and skating rinks
Commercial telecommunication facilities permanently located on the ground
C
Commercial telecommunication facilities that are antennas attached to a structure
if the antenna does not exceed 15 feet in height above the structure, does not
project more than two feet beyond the facade, does not support lights or signs
unless required for safety reasons, and accessory structures meet the
requirements of §18-10-109(7) of this Code
P
Commercial telecommunication facilities for testing purposes or emergency
services for a period not exceeding 30 days if the facility is a monopole not
exceeding 100 feet in height and is located at least 300 feet from any dwelling
P
Communications systems sales and service, manufacturing and wholesale
P
Computer goods, sales and services
P
Conference centers
P
Construction or sales trailers, temporary, in an approved development actively
under construction
P
Contractor and construction shops and yards
Convenience stores, gift shops, and newsstands
A
Delicatessens and snack bars
A
Die casting
Dog grooming and day care facilities
Drive-in theaters
SE
Dry cleaning and laundry establishments
Dry cleaning and laundry establishments, including pick-up stations, package
plants, and coin-operated facilities, limited to establishments with less than 4,000
square feet of floor area
Dyeing establishments
Equipment, sales, repair and storage, commercial
A
Entertainment complexes, including a multi-screen complex
A
Fabrication and assembly uses
P
Farming
P
Fertilizer manufacturing
Food product manufacturing
Furniture, appliance, and carpet stores and showrooms
P
Generating plants
Grocery stores with a maximum of 25,000 square feet
A
Hair and nail salons
A
Hardware stores
A
Health clubs, spas, and gymnasiums
P
Heliports
SE
Home occupations
C
Hotels and motels
P
Industrial piers, wharves, and mooring pilings if located in the Chesapeake Bay,
Patapsco River, Parish Creek, or Tenthouse Creek
Kennels, commercial
C
Laboratories, research and development or testing
P
Landfills, rubble and land clearing debris*
Latex fabrication, not including paint
Lumber yards
Mailing and shipping services
P
Manufacturing and processing, general, including the assembling of component
parts, the creation of products, and the blending of materials
P
Manufacturing and processing, heavy, including adhesives; aircraft parts;
alcoholic beverages; asphalt; atmospheric gas; bricks; concrete products; paper;
metal foundries and forges; insulating materials; metal machinery that includes
autos, rail, farm, construction, mining, and industrial machinery; metal refining,
stamping, extrusion; paint and allied products; paper and paper products from
pulp; plastic; porcelain and porcelain enamel; processing of grain, clay, sand,
gravel, stone, synthetic fibers, filaments, and tiles
Marine freight terminals, excluding bulk freight, if located in the Chesapeake Bay
or Patapsco River
Maritime suppliers and servicing, including piers and wharves for pile driving and
marine construction operations
Metal products and machinery, manufacturing, fabrication, finishing, tool and die,
machine shops, galvanizing, electroplating, die casting, welding
Milk and dairy products, processing and distribution
Monument works and statuary production
Motorcycle manufacturing and fabrication
Moving and storage establishments
Natural wood waste recycling facilities
Offices, professional and general
P
Office supply stores and business service establishments
P
Ore storage
Outside storage as a principal use
Package goods stores
A
Parking garages or lots
P
Parks, private
P
Personal fitness studios
P
Petroleum products, storage for retail sale
Petroleum products, storage on lot in excess of 1,000,000 gallons for use by W3
district uses or public utilities
Pharmacies
A
Photoengraving
Photography studios
P
Piers, commercial
P
Printing and publishing establishments
P
Processing sites for clay, sand, gravel, and similar materials
Public utility essential services
Public utility uses
Race tracks for horses
P
SE
C
Race tracks for other than horses
Radio and television studios and broadcasting establishments
P
Radio, television, or industrial testing towers
Recyclables recovery facilities
Religious facilities
P
Rendering plants
Rental establishments
P
Restaurants
P
Rubble processing facilities
Schools, public charter, and schools, private: academic, arts, business, technical,
or trade
P
Self-service storage facilities
Showrooms and sales of specialty building products
P
Sign shops, including painting and fabrication
P
Small wind energy systems or meteorological towers on a lot of at least three
acres
C
One small wind energy system or meteorological tower on a lot less than three
acres
SE
Solar energy systems–accessory
C
Solar energy systems–principal
C
Solid waste transfer stations
Stadiums, commercial
Staging areas for County capital projects
SE
P
Storage of atmospheric gas, coal, grain
Tattoo parlors and body piercing salons
P
Taverns
P
Taxicab stands and services
P
Taxidermists
P
Telephone exchanges
P
Trade expositions
P
Travel agencies
A
Truck stops
Veterinary clinics if overnight stays are limited to those necessary for medical
treatment without outside runs or pens
P
Video lottery facilities
C
Video sales and rental establishments with less than 1,500 square feet of floor
area
A
Volunteer fire stations
P
Water-dependent facilities
P
Wholesale trade, warehousing, and storage establishments
P
* Effective January 1, 2015, no longer a special exception use.
IV. Demographics & Traffic
Demographic Detail Report
Noah's Ark Day Care Center
8250 Lokus Rd, Odenton, MD 21113
Building Type:
Secondary:
GLA:
Year Built:
General Retail
Day Care Center
8,232 SF
1999
Radius
Population
2019 Projection
2014 Estimate
2010 Census
Growth 2014 - 2019
Growth 2010 - 2014
2014 Population by Age
Age 0 - 4
Age 5 - 9
Age 10 - 14
Age 15 - 19
Age 20 - 24
Age 25 - 29
Age 30 - 34
Age 35 - 39
Age 40 - 44
Age 45 - 49
Age 50 - 54
Age 55 - 59
Age 60 - 64
Age 65 - 69
Age 70 - 74
Age 75 - 79
Age 80 - 84
Age 85+
Age 65+
Median Age
Average Age
Total Available: 0 SF
% Leased: 100%
Rent/SF/Yr: -
1 Mile
3 Mile
5 Mile
8,068
7,608
7,066
64,913
61,761
59,098
147,524
140,325
134,093
6.05%
7.67%
5.10%
4.51%
5.13%
4.65%
7,608
608
586
536
482
468
556
672
677
649
619
543
420
311
205
120
72
45
40
7.99%
7.70%
7.05%
6.34%
6.15%
7.31%
8.83%
8.90%
8.53%
8.14%
7.14%
5.52%
4.09%
2.69%
1.58%
0.95%
0.59%
0.53%
61,761
4,709
4,734
4,472
4,057
3,933
4,394
4,831
4,744
4,662
4,587
4,257
3,592
2,961
2,222
1,498
967
603
539
7.62%
7.67%
7.24%
6.57%
6.37%
7.11%
7.82%
7.68%
7.55%
7.43%
6.89%
5.82%
4.79%
3.60%
2.43%
1.57%
0.98%
0.87%
482
6.34%
5,829
9.44%
34.20
33.60
Kate Jordan 410.336.5314 [email protected]
Copyrighted report licensed to Lee & Associates - 359681.
34.70
34.90
140,325
10,319
10,158
9,586
8,833
8,927
10,148
10,949
10,558
10,369
10,297
9,743
8,558
7,241
5,523
3,764
2,424
1,518
1,410
7.35%
7.24%
6.83%
6.29%
6.36%
7.23%
7.80%
7.52%
7.39%
7.34%
6.94%
6.10%
5.16%
3.94%
2.68%
1.73%
1.08%
1.00%
14,639 10.43%
35.60
35.70
3/17/2015
Page 1
Radius
2014 Population By Race
White
Black
Am. Indian & Alaskan
Asian
Hawaiian & Pacific Island
Other
1 Mile
7,608
3,543 46.57%
3,164 41.59%
38 0.50%
472 6.20%
13 0.17%
378 4.97%
3 Mile
61,761
35,532 57.53%
19,798 32.06%
289 0.47%
3,407 5.52%
125 0.20%
2,610 4.23%
5 Mile
140,325
87,370 62.26%
38,019 27.09%
638 0.45%
8,513 6.07%
333 0.24%
5,450 3.88%
Population by Hispanic Origin
Non-Hispanic Origin
Hispanic Origin
7,608
7,002 92.03%
606 7.97%
61,761
57,345 92.85%
4,416 7.15%
140,325
130,291 92.85%
10,034 7.15%
2014 Median Age, Male
2014 Average Age, Male
33.30
32.70
33.40
33.80
34.40
34.80
2014 Median Age, Female
2014 Average Age, Female
35.10
34.30
36.00
35.90
36.80
36.70
2014 Population by Occupation
Classification
Civilian Employed
Civilian Unemployed
Civilian Non-Labor Force
Armed Forces
5,782
47,038
108,495
4,238 73.30%
186 3.22%
1,177 20.36%
181 3.13%
31,146 66.21%
1,975 4.20%
11,557 24.57%
2,360 5.02%
71,838 66.21%
4,408 4.06%
27,935 25.75%
4,314 3.98%
Households by Marital Status
Married
Married No Children
Married w/Children
1,418
669
749
11,642
5,851
5,791
26,717
14,031
12,686
2014 Population by Education
Some High School, No Diploma
High School Grad (Incl Equivalency)
Some College, No Degree
Associate Degree
Bachelor Degree
Advanced Degree
5,179
369
720
1,571
250
1,261
1,008
41,382
3,210
9,173
12,888
1,527
8,990
5,594
96,600
7,710
21,993
28,979
4,100
21,060
12,758
7.12%
13.90%
30.33%
4.83%
24.35%
19.46%
7.76%
22.17%
31.14%
3.69%
21.72%
13.52%
7.98%
22.77%
30.00%
4.24%
21.80%
13.21%
3/17/2015
Page 2
Radius
2014 Population by Occupation
Real Estate & Finance
Professional & Management
Services
Information
Sales
Transportation
Education & Health
Retail
Wholesale
Construction
Agriculture & Mining
Farming, Fishing, Forestry
1 Mile
16,704
274 1.64%
3,046 18.24%
585 3.50%
129 0.77%
803 4.81%
348 2.08%
775 4.64%
310 1.86%
53 0.32%
428 2.56%
0 0.00%
0 0.00%
3 Mile
123,057
1,878 1.53%
20,328 16.52%
4,450 3.62%
595 0.48%
7,242 5.89%
1,514 1.23%
5,655 4.60%
3,332 2.71%
640 0.52%
4,393 3.57%
20 0.02%
48 0.04%
5 Mile
283,254
4,355 1.54%
43,333 15.30%
10,525 3.72%
1,520 0.54%
18,923 6.68%
3,284 1.16%
13,995 4.94%
7,556 2.67%
1,752 0.62%
10,066 3.55%
116 0.04%
83 0.03%
2014 Worker Travel Time to Job
<30 Minutes
30-60 Minutes
60+ Minutes
4,287
2,767 64.54%
1,011 23.58%
509 11.87%
32,222
19,560 60.70%
8,641 26.82%
4,021 12.48%
73,605
44,816 60.89%
20,253 27.52%
8,536 11.60%
2010 Households by HH Size
1-Person Households
2-Person Households
3-Person Households
4-Person Households
5-Person Households
6-Person Households
7 or more Person Households
2,612
598
778
521
415
191
66
43
21,106
4,522
6,407
4,101
3,510
1,576
608
382
49,154
11,316
15,334
9,189
7,767
3,436
1,343
769
2014 Average Household Size
2.70
2.80
2.70
3,007
2,830
2,612
6.25%
7.18%
23,266
22,106
21,106
5.25%
3.50%
54,113
51,432
49,155
5.21%
3.82%
Households
2019 Projection
2014 Estimate
2010 Census
Growth 2014 - 2019
Growth 2010 - 2014
22.89%
29.79%
19.95%
15.89%
7.31%
2.53%
1.65%
21.43%
30.36%
19.43%
16.63%
7.47%
2.88%
1.81%
23.02%
31.20%
18.69%
15.80%
6.99%
2.73%
1.56%
3/17/2015
Page 3
Radius
2014 Households by HH Income
<$25,000
$25,000 - $50,000
$50,000 - $75,000
$75,000 - $100,000
$100,000 - $125,000
$125,000 - $150,000
$150,000 - $200,000
$200,000+
2014 Avg Household Income
2014 Med Household Income
2014 Occupied Housing
Owner Occupied
Renter Occupied
2010 Housing Units
1 Unit
2 - 4 Units
5 - 19 Units
20+ Units
2014 Housing Value
<$100,000
$100,000 - $200,000
$200,000 - $300,000
$300,000 - $400,000
$400,000 - $500,000
$500,000 - $1,000,000
$1,000,000+
2014 Median Home Value
2014 Housing Units by Yr Built
Built 2010+
Built 2000 - 2010
Built 1990 - 1999
Built 1980 - 1989
Built 1970 - 1979
Built 1960 - 1969
Built 1950 - 1959
Built <1949
2014 Median Year Built
1 Mile
2,828
162
233
557
563
495
182
387
249
5.73%
8.24%
19.70%
19.91%
17.50%
6.44%
13.68%
8.80%
3 Mile
22,106
2,269
2,938
3,540
3,587
3,119
2,158
2,479
2,016
10.26%
13.29%
16.01%
16.23%
14.11%
9.76%
11.21%
9.12%
5 Mile
51,433
5,369
7,917
8,520
7,799
6,618
4,677
5,856
4,677
$113,294
$95,514
$107,920
$91,071
$105,953
$87,535
2,829
1,854
975
2,890
2,064
23
631
172
71.42%
0.80%
21.83%
5.95%
22,106
14,891
7,215
22,450
18,322
378
2,831
919
51,432
33,206
18,226
51,917
39,707
921
8,805
2,484
1,854
67 3.61%
48 2.59%
533 28.75%
750 40.45%
293 15.80%
161 8.68%
2 0.11%
$337,200
14,891
629
1,035
4,495
4,977
2,055
1,591
109
$325,849
65.54%
34.46%
2,940
217 7.38%
1,038 35.31%
965 32.82%
189 6.43%
231 7.86%
122 4.15%
105 3.57%
73 2.48%
1997
67.36%
32.64%
81.61%
1.68%
12.61%
4.09%
10.44%
15.39%
16.57%
15.16%
12.87%
9.09%
11.39%
9.09%
64.56%
35.44%
76.48%
1.77%
16.96%
4.78%
4.22%
6.95%
30.19%
33.42%
13.80%
10.68%
0.73%
33,206
1,883
2,326
9,311
10,300
4,552
4,568
266
$329,932
5.67%
7.00%
28.04%
31.02%
13.71%
13.76%
0.80%
22,998
1,058 4.60%
4,846 21.07%
7,428 32.30%
2,081 9.05%
3,444 14.98%
1,798 7.82%
1,390 6.04%
953 4.14%
1991
53,707
2,643
11,573
10,848
7,601
10,281
5,627
3,142
1,992
1987
4.92%
21.55%
20.20%
14.15%
19.14%
10.48%
5.85%
3.71%
3/17/2015
Page 4
Traffic Count Report
Building Type:
Secondary:
GLA:
Year Built:
Total Available:
% Leased:
Rent/SF/Yr:
General Retail
Day Care Center
8,232 SF
1999
0 SF
100%
-
Street
Cross Street
Cross Str Dist
1
Telegraph Rd
State Hwy 32
0.05 NE
Count
Year
2012
2
Telegraph Rd
State Hwy 32
0.06 N
2012
3
Telegraph Rd
Patuxent Fwy
0.05 S
4
State Hwy 170
Telegraph Rd
0.11 N
5
State Hwy 32
Telegraph Rd
6
Old Mill Rd
7
Patuxent Fwy
8
Avg Daily
Volume
3,402
Volume
Miles from
Type Subject Prop
AADT
.10
1,911
AADT
.15
2012
931
AADT
.17
2011
1,931
AADT
.19
0.34 NW
2012
39,343
MPSI
.42
Burns Crossing Rd
0.06 E
2012
2,171
AADT
.55
Telegraph Rd
0.53 NW
2012
62,902
AADT
.58
Telegraph Rd
Mt Vernon Ave
0.04 NE
2012
15,071
MPSI
.61
9
Telegraph Rd
Pine Ave
0.04 NE
2012
15,871
AADT
.61
10
Burns Crossing Rd
Severn Run Ct
0.07 SE
2012
5,280
AADT
.62
3/20/2015
Page 1
V. Tax Records
District - 04 Subdivision - 000 Account Number - 90101805
Account Identifier:
Owner Information
Owner Name:
CH LIVING WATERS WORSHIP CNTR INC
Mailing Address:
901 ST MICHAELS DR
GAMBRILLS MD 21054-1635
Use:
Principal Residence:
Deed Reference:
EXEMPT COMMERCIAL
NO
/08761/ 00553
Legal Description:
4.485 ACRES RESIDUE
8262 LOKUS RD
ASCHERL PROPERTY
Location & Structure Information
8262 LOKUS RD
ODENTON 21113-0000
Premises Address:
Map:
Grid:
Parcel:
0021
0017
0281
Sub
District:
Subdivision:
Section:
Stories
Basement
Lot:
000
Special Tax Areas:
Primary Structure Built
2000
Block:
Assessment
Year:
2014
Type
CHURCH
Exterior
Finished Basement Area
Full/Half Bath
0211/
0028
NONE
Town:
Ad Valorem:
Tax Class:
Above Grade Enclosed Area
14641
Plat
No:
Plat
Ref:
Property Land Area
4.4800 AC
Garage
County Use
Last Major Renovation
Value Information
Base Value
Value
As of
01/01/2014
1,496,400
2,042,300
3,538,700
914,000
2,046,600
2,960,600
0
Land:
Improvements
Total:
Preferential Land:
Phase-in Assessments
As of
As of
07/01/2014
07/01/2015
3,153,300
3,346,000
0
Transfer Information
Seller: SIEGRIED A. ASCHERL, SR
Type: ARMS LENGTH VACANT
Date: 10/20/1998
Deed1: /08761/ 00553
Price: $238,000
Deed2:
Seller:
Type:
Date:
Deed1:
Price:
Deed2:
Seller:
Type:
Date:
Deed1:
Price:
Deed2:
Exemption Information
Partial Exempt Assessments:
County:
State:
Municipal:
Tax Exempt:
Exempt Class:
Homestead Application Information
07/01/2014
3,153,300.00
3,153,300.00
0.00|0.00
Class
700
700
700
Special Tax Recapture:
NONE
07/01/2015
3,346,000.00
3,346,000.00
0.00|0.00
Account Identifier:
Owner Information
Owner Name:
Mailing Address:
PO BOX 381
ODENTON MD 21113-0381
Use:
Deed Reference:
COMMERCIAL
NO
/21038/ 00344
Legal Description:
.833 ACRE
OPEN SPACE SWM/AREA
ASCHERL PROPERTY
LOKUS RD
ODENTON 21113-0000
Premises Address:
Map:
Grid:
Parcel:
0021
0017
0281
Sub
District:
Subdivision:
Section:
Stories
Basement
Lot:
000
Special Tax Areas:
Block:
Assessment
Year:
2014
Type
Exterior
Full/Half Bath
0211/
0028
NONE
Town:
Ad Valorem:
Tax Class:
Plat
No:
Plat
Ref:
Garage
Property Land Area
0.8300 AC
County Use
Value Information
Base Value
Value
As of
01/01/2014
800
0
800
800
0
800
0
Land:
Improvements
Total:
Preferential Land:
As of
As of
07/01/2014
07/01/2015
800
800
0
Seller: ASCHERL SR, SIEGRIED A
Type: ARMS LENGTH MULTIPLE
Date: 05/08/2009
Deed1: /21038/ 00344
Price: $1,100,000
Deed2:
Seller:
Type:
Date:
Deed1:
Price:
Deed2:
Seller:
Type:
Date:
Deed1:
Price:
Deed2:
County:
State:
Municipal:
07/01/2014
0.00
0.00
0.00|0.00
Class
000
000
000
Tax Exempt:
Exempt Class:
NONE
07/01/2015
0.00|0.00
Account Identifier:
Owner Information
Owner Name:
Mailing Address:
PO BOX 381
ODENTON MD 21113-0381
Use:
Deed Reference:
EXEMPT COMMERCIAL
NO
/18399/ 00590
Legal Description:
LT 1
8250 LOKUS RD
ASCHERL PROPERTY
8250 LOKUS RD
ODENTON 21113-0000
Premises Address:
Map:
Grid:
Parcel:
0021
0017
0281
Sub
District:
Subdivision:
Section:
000
Stories
Lot:
1
Special Tax Areas:
1955
Block:
Assessment
Year:
2014
Plat
No:
Plat
Ref:
NONE
Town:
Ad Valorem:
Tax Class:
9354
Basement
Type
STANDARD UNIT
Exterior
0211/
0028
Full/Half Bath
2 full
Property Land Area
1.0600 AC
Garage
County Use
Value Information
Base Value
Land:
Improvements
Total:
Preferential Land:
Value
As of
01/01/2014
396,800
790,000
1,186,800
259,000
715,600
974,600
0
As of
As of
07/01/2014
07/01/2015
1,045,333
1,116,067
0
Seller: ASCHERL SR, SIEGRIED A
Type: ARMS LENGTH MULTIPLE
Date: 10/23/2006
Deed1: /18399/ 00590
Price: $1,100,000
Deed2:
Seller: ROSE MARGARET W
Type: ARMS LENGTH IMPROVED
Date: 05/24/1990
Deed1: /05096/ 00531
Price: $516,328
Deed2:
Seller:
Type:
Date:
Deed1:
Price:
Deed2:
County:
State:
Municipal:
Tax Exempt:
Exempt Class:
SDAT offers no marked map.
07/01/2014
1,045,333.00
1,045,333.00
0.00|0.00
Class
710
710
710
NONE
07/01/2015
1,116,067.00
1,116,067.00
0.00|0.00
VI. Plans
The material contained herein is based in part upon information supplied or obtained by Lee & Associates
from sources deemed to be reliable. Summaries contained herein of any legal documents are not intended
to be comprehensive statements of the terms of such documents, but rather only outlines of some of the
principal provisions contained therein. Prospective purchasers shall make their own investigations,
projections and conclusions. It is expected that prospective purchasers will conduct their own independent
due diligence concerning the property, including such engineering inspections and evaluation of market
conditions as they deem necessary to determine the condition and value of the property. The material
contained in this Offering Memorandum is confidential, furnished solely for the purpose of considering the
acquisition of the property described herein, and is not to be used for any other purpose or made available
without the express written consent of Kate Jordan and Lee & Associates.

Lokus Rd Offering Package v1

Transcription

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