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$550,000
Est. payment /mo
1,430 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,430 sqft
Price per Sqft $384
Subdivision New Church
MLS Listing ID 67803
Year Built 1980
Annual Tax Amount $1,600
Tax Year 1600
Lot Size 7.240 Acres
Lot Dimensions 315374
Property Sub-Type Commercial
Property Description
Seller Financing Available! Prime Development Opportunity on Lankford Hwy. Positioned along the high-visibility business corridor of Lankford Highway in New Church, VA, this 7.24-acre parcel offers a rare, fully approved mobile home park with significant infrastructure already in place. The property is approved for 18 mobile home lots, featuring two wells with water mains run throughout the park, new electric hookups for all 18 lots, and nine 4-bedroom septic systems already installed. An additional barn on the property provides flexible use for storage, maintenance, or future operations. This property offers a great owner-occupied option. Renovate the existing double-wide as an owner's residence and build out the remaining lots over time to pay your mortgage. With major approvals secured and substantial upfront development costs already completed, this is an exceptional opportunity for investors or operators seeking immediate and scalable income potential in a growing Eastern Shore.
Location
State VA
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Parking Features 11+ Spaces, Other
Waterfront Description None
Building
Lot Description Other, 5-9.0 acres +/-
Sewer Septic Tank
Others
Virtual Tour https://tour.usamls.net/0-Lankford-Hwy-New-Church-VA-23415/unbranded
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Listed by Long & Foster - Wallops Island
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