$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.)

$1,708
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