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LANKFORD HWY , Bloxom, VA 23308
  • $280,000

Overview

Property ID: VAAC2002166
  • Land, Land
  • Property Type
  • VAAC2002166
  • MLS#

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. Tax ID# 70-A-11 is zoned for general Business, Tax ID# 70-A-12 and a portion of 70-A-12B is zoned residential. Remaining acreage is agricultural zoning.

  • Address: LANKFORD HWY
  • City: Bloxom
  • State: VA
  • Zip/Postal Code: 23308
  • Country: US

Details

Updated on August 11, 2025 at 7:00 pm
  • Property ID VAAC2002166
  • Price $280,000
  • Land Area 25.6 Acres
  • Garage Size x x
  • Property Type Land, Land
  • Property Status Active
  • MLS# VAAC2002166

Additional details

  • Sewer No Septic System
  • County ACCOMACK-VA
  • Property Type Land

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