OPPORTUNITY!!! INVESTMENT!!! If you're an investor and you're looking for a large tract of land...then this is it. Over 53 acres just past the Virginia Welcome Center when you're headed south into Virginia. Lots of customer potential as this could be one of the first business locations entering Virginia. Or if headed north...one of the last before leaving Virginia. Land should be suitable for a shopping center or other commercial use. Also could be subdivided into a nice residential area. Lots of potential. Don't pass up this opportunity! Seller may consider owner financing with the right terms...which are negotiable. Make an offer.
Property Details
Property Features
Listing Office:
Office Name: Dockside Properties
Office Phone: (757) 894-1479
Listing Agent: Robert Faith
Lot Features
Lot Information:
Lot Size: 53.44 Acres
Other
Directions Information:
Directions: Just south of the Maryland/Virginia state line next to the Virginia Welcome Center
Price Information
Listing Price Info
Price Summary:
List Price: $3,000,000
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAAC2000750
Listing Office:
Office Name: Dockside Properties
Office Phone: (757) 894-1479
Listing Agent: Robert Faith
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,061
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Kegotank Elementary School
13300 Lankford Highway
Distance between this listing and this school6.31 miles
Public District Grades PK-5
7
/10
Chincoteague Elementary School
6078 Hallie Whealton Smith Dr
Distance between this listing and this school9.90 miles
Public District Grades PK-5
4
/10
Metompkin Elementary School
24501 Parksley Rd
Distance between this listing and this school12.80 miles
Public District Grades PK-5
Nearby Schools
3
/10
Arcadia Middle School
29485 Horsey Rd
Distance between this listing and this school1.63 miles
Public District Grades 6-8
8
/10
Pocomoke Middle School
800 8th St
Distance between this listing and this school8.52 miles
Public District Grades 4-8
5
/10
Somerset Intermediate School
7970 Tawes Campus Dr
Distance between this listing and this school14.72 miles
Public District Grades 6-7
Nearby Schools
3
/10
Arcadia High School
8210 Lankford Hwy
Distance between this listing and this school1.50 miles
Public District Grades 9-12
6
/10
Chincoteague High School
4586 Main St
Distance between this listing and this school9.56 miles
Public District Grades 6-12
5
/10
Crisfield Academy and High School
210 N Somerset Ave
Distance between this listing and this school16.82 miles
The neighbors living near this home have an average income of $40,343. Residents of Accomack County, VA typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About LOT51 Lankford Hwy
What is the listing price of this property?
The listing price of LOT51 Lankford Hwy property is $3,000,000.
What type of property is this?
The property LOT51 Lankford Hwy is land located in New Church, Virginia, 23415.
Is this property for sale now?
Active Listing: LOT51 Lankford Hwy is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at LOT51 Lankford Hwy in New Church, VA and zip code 23415. This home sits on a 53.44 acre lot. It has been listed on Rocket Homes since September 23, 2023 and is currently priced at $3,000,000.
Over 1 listings were sold over their listed price in November 2024 in Accomack County, VA. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price. While the average time on the market in November 2024 was 68 days, the median list price was $431,250.
From Rocket Homes Real Estate and based on county public records data.