Homes for sale - LANKFORD HWY, Bloxom, VA 23308

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Emma Loiacono

emma@nestwithemma.com +1(410) 725-4034

$ 240,000

Est. payment | -/mo

25.15 Acres Lot

Save

$ 240,000

Est. payment | -/mo

Save

25.15 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID VAAC2000754

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $1,812

Tax Year 2023

Lot Size 25.150 Acres

Acres 25.15

Property 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.

Location

State VA

County Accomack

Zoning GENERAL BUSINESS

Exterior

Water Access N

Garage N

Building

Sewer No Septic System

Water None

Schools

School District Accomack County Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Listed by Benjamin Alder • The Land Group

Emma's success as a real estate agent is driven by her unwavering commitment to honesty, integrity, and professionalism. With her deep knowledge of the local market and her dedication to exceptional service, Emma is confident that she can help you achieve your real estate goals.

+1(410) 725-4034

emma@nestwithemma.com

5202 Presidents Ct, Frederick, MD, 21703, USA

LANKFORD HWY Bloxom, VA 23308