TO: Margate CRA Chair and Members of the Board
FROM: Cale Curtis, CRA Executive Director
DATE: June 10, 2026
Title
PROPOSAL FROM TRI COUNTY DISCOUNT LIQUORS TO PURCHASE EITHER THE LOT LOCATED DIRECTLY ON THE NORTHWEST CORNER OF US 441 AND PARK DRIVE OR THE PARCEL OF LAND LOCATED AT 891 NORTH STATE ROAD 7
Body
BACKGROUND: During the week of May 11, 2026, the MCRA Executive Director received a proposal from Mr. Munna Rangam, owner of Tricounty Discount Liquors to purchase either the lot located directly on the northwest corner of US 441 and Park Drive (formerly 1001 Park Drive aka 1001 N. State Road 7) or the parcel of land located at 891 N. State Road 7, both of which are MCRA properties. Mr. Rangam of Tricounty Discount Liquors is proposing to purchase the land and construct a new beverage store. He has submitted offers to purchase either property (see copies attached) with the intention to move forward with only one location depending on direction from the MCRA, (see emailed proposal and renderings attached). It should be noted that these renderings are AI generated and have not been done by an architect.
Details of the offer are as follows:
Parcel 1 - NW Corner of US 441 and Park Drive / Parcel ID#484125031081 (formerly 1001 Park Drive aka 1001 N. State Road 7):
* Offer to Purchase for $250,000
* MCRA purchased this property in 2009 for $650,000, plus demo/site preparation - former site of Stars and Stripes Car Wash
* This property is contiguous to the Chevy Chase plaza (lot is located on the SE corner of the plaza) and would be considered a core piece of the city center development
Parcel 2 - 891 N. State Rd. 7 / Parcel ID #484136060180 (Players Club property):
* Offer to Purchase for $301,000
* MCRA purchased this property in 2018 for $675,000, plus demo/site preparation
* This property is offsite from the core of the proposed city center development
S.K. Rangam, Inc. d/b/a Tri-County Discount Liquor and Beverages currently has a lease ...
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