LANKFORD HWY, BLOXOM,VA 23308

$320,000

LANKFORD HWY, BLOXOM, Virginia 23308 - $320,000

25.60 Acre
Marketed by Virginia Estates

For More Information Call (434) 249-9114 or email cary@virginiaestates.com

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.

For More Information Call (434) 249-9114 or email cary@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $320,000
Lot : 25.60 Acre
Status : Active

For More Information Call (434) 249-9114 or email cary@virginiaestates.com

Address Map
US
VA
Richmond and Greater Richmond Area
ACCOMACK
BLOXOM
23308
W76° 25' 15.3''
N37° 49' 50.6''

For More Information Call (434) 249-9114 or email cary@virginiaestates.com

Schools
Winding creek
Henley
Western albemarle

For More Information Call (434) 249-9114 or email cary@virginiaestates.com

Additional Details
N
: Immediate
No Septic System
$0
Quarterly
The Land Group
4109343478
0.29
2023
431.36
: Timber, Other
VAAC2000756
N

For More Information Call (434) 249-9114 or email cary@virginiaestates.com

For More Information Call (434) 249-9114 or email cary@virginiaestates.com

    For Immediate Personal Service from a Local Agent

     

    Call (434) 249-9114

    Email cary@virginiaestates.com

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