Property Description

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.

Features
: No Septic System
Address Map
US
Virginia
Richmond and Greater Richmond Area
ACCOMACK
BLOXOM
23308
LANKFORD HWY
0
W76° 25' 4.5''
N37° 49' 27.9''
Additional Details
: Winding Creek
: Western Albemarle
: Henley
: Immediate
$0
2023
$1,813
Benjamin Alder

LANKFORD HWY, BLOXOM, Virginia 23308

25.15 Acre
$250,000
ID #VAAC2000754
Basic Details
Property Type : Land
ID : VAAC2000754
Price : $250,000
Lot : 25.15 Acre
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