Beach Homes Realty
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lankford hwy

BLOXOM, VA 23308

$300,000

25.6 AC LOT
Land-Land
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Acreage 25.6
Status Pending
MLS # VAAC2000756
County ACCOMACK
More Info
Category Land-Land
Status Pending
Acreage 25.6
MLS # VAAC2000756
County ACCOMACK
Income producing land! 25.6 +/- acres of mostly timber with 2,000+/- feet of road frontage on the west side of Lankford Highway in Bloxom, VA. The ownership has six active metal/concrete built billboard signs on the road frontage that produce $2,350 per sign each year through Chesapeake Outdoor. Total annual income is +/- $14,100 with future escalation. 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 significant passive income.
Location not available

Exterior Features

  • Construction Single Family
  • Garage No
  • Water None
  • Sewer No Septic System

Financial Information

  • Zoning GENERAL BUSINESS

Additional Services

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Listing Information

Listing Provided Courtesy of The Land Group - (410) 934-3478
© Bright MLS. All rights reserved. Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.
Listing data is current as of 12/23/2024.

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