LANKFORD HWY Bloxom, VA 23308
Price
$250,000
Listed On
Type
For Sale
Status
Active
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LANKFORD HWY
For Sale $250,000
LANKFORD HWY, Bloxom, VA 23308 - 0 Beds, 0 Bath
LANKFORD HWY, Bloxom, VA 23308 - 0 Beds, 0 Bath
LANKFORD HWY, Bloxom, VA 23308 - 0 Beds, 0 Bath
Asking $250,000
Snapshot
Property Type
Other
Lot Size
25.15 acres
Property Sqft
MLS Number
VAAC2000754
Year Built
Days On Market
Description
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.
More Details
Provider
The Land Group
MLS ID
TRENDPA
MLS Name
Bright MLS
MLS Number
VAAC2000754
URL
Source
listhub
PARTICIPANT
Name
Benjamin Alder
Primary Phone
(443) 465-3520
Key
3YD-TRENDPA-3255860
Email
ben@thelandgroup.us
BROKER
Name
The Land Group
Phone
(443) 465-3520
OFFICE
Name
The Land Group
Phone
(443) 465-3520
Copyright © 2023 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
History
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale | $250,000 | The Land Group |
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