ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED

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1 Dave Chapin Matt Nestor A E. 2nd St. Frederick, MD Main Office

2 Memorandum of Sale Contents I. Executive Summary II. Property Highlights III. Survey Plat IV. Commercial B Permitted Zoning Uses V. Aerial Photos VI. Traffic Count Map VII. Street & Topography Maps VIII. Location Maps XI. Allegany County Contacts X. Demographics

3 Executive Summary Commercial Property LaVale, Allegany County, MD Chapin & Associates is pleased to represent an assemblage of commercial properties in LaVale, MD, totaling ±2 acres of Commercial B zoned land. These parcels are located immediately off Rte. 68 at exit 40 and have current road frontage on three sides with a planned road to the West of the property. The property is also within a block of the National Pike (Rte. 40) where numerous businesses are located (CVS, LaVale Shopping Center, Arby s, Lowe s, Maryland State Police Barracks, etc.). These assembled parcels are located within the commercial hub of LaVale as well as ±1/2 mile from the Country Club Mall and Wal Mart. Nearby cities include Cumberland and Frostburg, MD, and other municipalities in West Virginia. The property is suited for many uses as outlined in the enclosed brochure. The current owners have agreed to sell the parcels as a consolidated parcel. The exact format for transfer of ownership will be determined in an agreement between the Sellers and the Buyers. Your review of the enclosed document would be appreciated. We are prepared to move expeditiously to conclude a sale of this property. Thank you for your interest and we will be pleased to answer any questions regarding these parcels. David P. Chapin, CCIM Chapin & Associates dave@chapincommercial.com

4 ±2 Acres Zoned Comm. B (Retail, Office, Strip Ctr, Hotel, Conv. Store/ Gas, Auto Repair, Storage, & many more uses) Prime Location with Easy Access Off Major Interstate & National Hwy Multiple Lots Included in Sale $2,400,000 Dave Chapin Matt Nestor A E. 2nd St. Frederick, MD Main Office

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6 Commercial B Permitted Zoning Uses Agricultural uses, such as floriculture, horticulture, forestry, crop and tree farming, gardening and dairy, stock and poultry farming. Accessory structures, including barns and other bona fide farm buildings and greenhouses. Rooming houses and bed and breakfast facilities. Professional offices. Anitque shops. Automobile parking lots, parts, supply or tire stores. Automobile repair shops, including body and fender shops. Automobile filling stations with certain restrictions. Banks, barber or beauty salons, tailors, laundries or Laundromats, shoe repair shops, dry-cleaning establishments. Churches, synagogues, and other places of worship. Drug stores. Dwellings, single or multiple family apartments and town houses. Grocery stores. Hospitals and churches. Hotels and motels with special restrictions. Public buildings. Public parks, playgrounds, and other recreational areas, buildings, including community buildings, if owned and operated by a public agency or group. Cemeteries and other places for the burial or disposal of the dead. Colleges and schools. Golf courses, country clubs, private clubs, including community buildings and similar recreational uses not owned and/or operated by a public agency. Post Offices and professional clinics. Public utility and public service facilities. Restaurants of all types. Riding stables, animal hospitals, kennels and other domestic pet breeding and raising. Signs, including professional name plates, those advertising the sale or lease of the premises. Wholesale and retail businesses, storage buildings, warehouses and yards Farm implements sales and service Feed and grain sales and service Lumber yards Machine shops or other metal shops, excluding drop hammers and other noise producing machine-operated tools. The sale and manufacture of baked goods, confectionery, dairy products, delicatessen, fruits, vegetables, groceries and meats. The sale of dry goods and variety merchandise, personal attire, general consumer merchandise, electronic products for home use, books, newspapers and other publications, tobacco products, flower shops, music shops, jewelry stores, toys, photographic goods, equipment, sporting goods, stationery, and similar products.. The manufacture, compounding, processing, packaging or treatment of such products such as candy, cosmetics, drugs, perfumes, pharmaceuticals, toiletries and food products, except in the rendering of or refining of fats and oils. The manufacture, compounding, assembly or treatment of articles or merchandise from previously prepared materials. Printing shops

7 Aerial Photos

8 Traffic Count Map

9 Street Map Topography Map

10 Allegany County Government Land Development Services James A. Squires, Jr., Division Chief County Office Complex First Floor Suite 109 Cumberland, MD Allegany County Dept. of Economic & Community Development 701 Kelly Rd Cumberland, MD Matthew W. Diaz, CEcD Director Dept. Administration Strategic Planning Prospect Management Project Financing & Administration Member of County Sr. Mgmt. Team Timothy J. Carney Sr. Project Manager Facility Management Enterprise Zone Administrator Business Retention Business Development Natural Resources Development Jeffrey S. Barclay Economic Development Rep. Business Development & Marketing Environmental Analysis & Planning Facility Management David K. Nedved Economic & Community Development Rep. Community Development Coordinator Grants and Special Projects Economic Analysis Keli A. Mason Executive Assistant Administrative Assistant Marketing Special Events Coordinator Clem R. Armstrong Building Maintenance Worker Facility Operation and Maintenance

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