$320,000
Active
68 Days Online
0 Beds0 Baths0 SQFT
Active
Lankford Hwy Bloxom, VA 23308
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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.
- Property TypeLand
- NeighborhoodN/A
- CountyAccomack
- Taxes$431
- HOA/Condo/Coop Fees$0
- Days on Site68 Days
- MLS StatusActive
- MLS ID NumberVAAC2000756
- Home Size Source N/A
- Year BuiltN/A
- Lot Size25.6 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Acreage 25.6
- Water None
- Property Sub Type Unimproved Land
- Attached Garage No
- Zoning GENERAL BUSINESS
Exterior Features
- Spa No
- Waterfront Property No
Schools
School District
ACCOMACK COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
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Monthly Payment (Est.)
$1,708Copyright ©2024 Information is deemed reliable but not guaranteed.