25.6 Acres of Land for Sale in Bloxom, Virginia
Lankford Hwy, Bloxom, VA 23308
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$320,000
25.6 acres
Active sale agoEst $3,037/mo
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.
Property details
- County
- Accomack County
- Elevation
- 46 feet
- MLS Number
- TREND VAAC2000756
- Date Listed
Property taxes
- Year not provided
- $431
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Sept 27, 2023 | New listing | $320,000 | — | TREND |
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