Homeslyst  /  For Sale  /  Land  /  Virginia  /  Listing 110157

Bloxom, Accomack County, VA Undeveloped Land for sale Property ID: 417810340

Detailed Information

  • Type: Company

  • Price: $250,000

  • Location: Yorktown, Virginia

  • Address: LANKFORD HWY, Bloxom, VA, 23308

  • Zip: 23308

  • Property size: 1095530 square feet

  • Condition: Used

  • For sale by: Broker

  • Agent: Ben Alder

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. Copyright © 2024 Bright MLS.

All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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