lankford hwy, BLOXOM, VA 23308

25.14 AC LOT
Land-Land
Image 1
Acreage 25.15
Status Off Market
MLS # VAAC2000754
County ACCOMACK
More Info
Category Land-Land
Status Off Market
Acreage 25.15
MLS # VAAC2000754
County ACCOMACK
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.

Exterior Features

  • Construction Single Family
  • Garage No
  • Water None
  • Sewer No Septic System

Financial Information

  • Zoning GENERAL BUSINESS

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.