Lankford Hwy

BLOXOM, VA 23308

  • 1,115,136 Sqft
  • 1115136
    Sqft(Lot)
$300,000

Description

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 Type

    Land

  • County

    ACCOMACK

  • Style

    Land

  • AD ID

    45179478

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Property Details

  • Water/Sewer

    • Water Source : None

  • Utility Features

    • Sewer: No Septic System

  • Lot Information

    • Lot Size: 1,115,136
    • Lot Size (Acres): 25.60
    • Main Square Feet: 1,115,136

    Property Information

    • Total Lot SQ ft: 1,115,136
    • Total Acreage: 25.60

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 364

  • Tax Information

    • Annual Tax: $431
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $73,000

  • Homeowners Association Information

    • Direction: Heading South on Lankford Hwy, The property will be on your right just before the town of Nelsonia.

  • School Information

    • School District: ACCOMACK COUNTY PUBLIC SCHOOLS

    Utility Information

    • Water Source: None
    • Sewer: No Septic System

    Location Information

    • Direction: Heading South on Lankford Hwy, The property will be on your right just before the town of Nelsonia.
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BuyOwner last updated this listing 11/05/2024 @ 03:38

  • MLS: VAAC2000756
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Land, with 0 bedrooms which is recently sold, it has 1,115,136 sqft, 1,115,136 sized lot, and 0 parking. and are nearby neighborhoods.