27227 Savannah Rd Hallwood, VA 23359
This exceptional 50-acre property in Accomack County, Virginia, presents a unique investment opportunity. Located at 27227 Savannah Rd, Hallwood, VA 23359 (APN: 040-00-A0-00-0091-00), this fee simple land boasts three breeder-style chicken houses currently under contract with Tyson Foods, ensuring a consistent income stream. Built in 2011, these modern structures are complemented by two manure sheds and two generators. Four older chicken houses, potentially suitable for storage or animal housing, offer further possibilities. The property's agricultural zoning allows for diverse uses, including farming, livestock, and potential expansion. Several acres of open farmland provide ample space, and the wooded areas at the rear offer hunting opportunities for deer, turkey, and small game. The property's proximity to fishing and crabbing areas adds to its appeal. Included in the sale is select farm equipment; a detailed inventory is available upon request. The substantial acreage and existing infrastructure create significant potential for additional chicken house construction, further enhancing the property's income-generating capacity. This is a rare chance to acquire a productive, income-producing farm with significant upside potential. The asking price is $1,360,000, representing a price per acre of $27,200.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.