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Land
Tools
Size
25.15 Acres
Exterior
Financial
$240,000
Change Currency
$1,813
Annual taxes
Listing Details
Land
Property type
9177549
Web Id
VAAC2000754
MLS ID
358
Days Posted
Description
Lankford Hwy,
Bloxom,
VA
23308
Bloxom, VA 23308
Income producing land! +/- 25.15 acres of timber in 7 parcels located in city limits of Nelsonia in Accomack County, VA. The ownership has 1,200 +/- feet of road frontage on the east side of Lankford Highway with four active metal/concrete billboard signs that produce $2,350 per sign each year through Chesapeake Outdoor. Total annual income is +/- $9,400. The current lease rate is good through March 31, 2028 and will be increased to $2,500 per sign per year from April 1, 2028 through March 31, 2033. Great opportunity to own significant road frontage along route 13 with passive income.
This is an Active listing.
Broker Office Phone Number: 443-465-3520
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 443-465-3520
Copyright © 2024Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price HistoryView all +
Listing By: The Land Group via Data Source: Bright MLS
listing agent: Benjamin Alder
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