Lankford Hwy,  Bloxom  (23308)

$320,000

0 bedrooms 0   0 bathrooms 0   1115136 square feet 1,115,136
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PROPERTY DETAILS

Address: view address
Bloxom, VA 23308
Map Location
Square Feet: 1,115,136 sq.ft.
Lot Size:25.60 acresYear Built:2000
Property Type:LandSchool District:Accomack County Public Schools
County:ACCOMACKList Date:2023-09-27
Listing Number:VAAC2000756Listed By:The Land Group
Listing Office:[email protected]; (410) 934-3478

PROPERTY 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.

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Property and Lot Details

Lot Acres:25.60Lot Sqft:1,115,136.00
School District:Accomack County Public SchoolsTaxes:431.36
Transaction Type:Sale

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: The Land Group