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- $300k Price
- 25.6 Acres
- 364 DOM
Lankford Hwy
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.
Essential Information
- MLS® #VAAC2000756
- Price$300,000
- Bathrooms0.00
- Acres25.60
- 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® #VAAC2000756)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – | |
| Price Reduced (from $320,000) | $300,000 | $20,000 (6.25%) |
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Listing information last updated on November 24th, 2024 at 8:15am CST.