Property summary
This exceptional 31-acre investment opportunity in Nassawadox, Virginia, presents a unique blend of retail, self-storage, and mobile home park uses. Located at 9142 Lankford Hwy, 23413, this property offers significant upside potential. The 3,464 square foot main building currently houses a garden shop, providing immediate income. The property also includes 48 self-storage units and over 38 mobile home sites, generating substantial rental income. Built in 1950, the property consists of 40 buildings on a single story, with 11 parking spaces. The permitted zoning is for a mobile home park, allowing for future expansion or redevelopment. The property boasts prime highway frontage, ensuring high visibility and accessibility. An on-site office facilitates efficient management. This is a value-add opportunity with below-market rents, promising immediate income growth and increased net operating income (NOI). The strong tenant base and long-term leases provide stability and security. This property is priced at $1,750,000 and offers a compelling return on investment. Don't miss this chance to acquire a versatile and profitable asset in a high-growth market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning