Virginia Estates is a real estate company licensed in VA NC MD with a worldwide referral network, EST. 1997
LANKFORD HWY, BLOXOM,VA 23308
$320,000
5
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LANKFORD HWY, BLOXOM, Virginia 23308 - $320,000
25.60 Acre
Marketed by Virginia Estates
MLS # #VAAC2000756
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
Copyright 2024 - Virginia Estates uses MLS data from Charlottesville Area Association of Realtors & Metropolitan Regional Information Systems, Inc. to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website.