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- $240k Price
- 25.15 Acres
- 364 DOM
Lankford Hwy
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.
Essential Information
- MLS® #VAAC2000754
- Price$240,000
- Bathrooms0.00
- Acres25.15
- TypeLand
- Sub-TypeLand
- StatusPending
Community Information
- AddressLankford Hwy
- CityBLOXOM
- CountyACCOMACK-VA
- StateVA
- Zip Code23308
School Information
- DistrictACCOMACK COUNTY PUBLIC SCHOOLS
Additional Information
- Date ListedSeptember 27th, 2023
- Days on Market364
- ZoningGENERAL BUSINESS
Listing Details
- OfficeThe Land Group
- Office Contact(410) 934-3478
Price Change History for Lankford Hwy, BLOXOM, VA (MLS® #VAAC2000754)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – | |
| Price Reduced (from $250,000) | $240,000 | $10,000 (4.00%) |
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Listing information last updated on November 24th, 2024 at 8:45am CST.