Courtesy of: Benjamin Alder, The Land Group, ben@thelandgroup.us
Courtesy of: Benjamin Alder, The Land Group, ben@thelandgroup.us
$250,000
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Lot: 25.15 Acres
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Other
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$250,000
LANKFORD HWY 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.
Courtesy of: Benjamin Alder, The Land Group, ben@thelandgroup.us
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