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Lankford Hwy Bloxom, VA $ 320,000
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$ 320,000 Get more info
Lankford Hwy
$ 320,000
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Lankford Hwy

Bloxom, VA, 23308
$ 320,000
Baths0.0

Monthly Estimate*

$ 2,235

Lankford Hwy, Bloxom, VA 23308 - Image 1
Lankford Hwy, Bloxom, VA 23308 - Image 2
Lankford Hwy, Bloxom, VA 23308 - Image 3
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Studio

Lots and Land for sale in Bloxom, VA

for $320,000. The lot size is 25.6.

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.

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Lots and Land Active

Price

$ 320,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 431

Style

Timber

Lot Size

25.6

Town/City

Bloxom

County/Region

Accomack

MLS | Web ID

VAAC2000756
Features
General
Sewer No Septic System
Possession Immediate
Zoning GENERAL BUSINESS
Property SubType Land
Tax Year 2023
Current Use Timber Other
Percent Ownership Fee Simple
County ACCOMACK
Property Type Land
HOA / Comm Assn N
Water Access Y/N N
Status ACTIVE
Directions Heading South on Lankford Hwy The property will be on your right just before the town of Nelsonia.
City BLOXOM
Buyer Agent Compensation 3
Lot Size Square Feet 1115136.00
Waterfront Y/N N
Street Name LANKFORD HWY
Tax Annual Amount 431.36
Price Per Sq Ft 0.29
Additional Parcels Y/N Y
Vacation Rental Y/N N
Days on Market 217
Standard Status Active
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source None
Water View Y/N N
Lot Size Acres 25.60
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
The Land Group

Broker

ben@thelandgroup.us

Email

Affordability Calculator

$2,271
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,235
Monthly Property Taxes
$36
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3537584 Elementary School
3537589 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2023$320,000 Listed Price

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Lankford Hwy, Bloxom, VA, 23308 is a Lots and Land for sale at $320,000 with a lot size of 25.6. Lankford Hwy is a studio with 0.0 baths. The property's zip code is 23308 which is in Bloxom, VA

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