Goodview, VA 24095,0 Mill Iron RD
Goodview, VA 24095,0 Mill Iron RD
Goodview, VA 24095,0 Mill Iron RD
11
$500,000
$625,000
20.0%
Est.Price: ?

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110.99 Acres Lot

0 Mill Iron RD Goodview, VA 24095

Est. payment /mo
SOLD DATE : 10/18/2023

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Key Details

Sold Price $500,000

Property Type Vacant Land

Sub Type Undeveloped

Listing Status Sold

Purchase Type For Sale

Subdivision Na

MLS Listing ID 895405

Sold Date 10/18/23

Annual Tax Amount $1,475

Lot Size 110.990 Acres

Acres 110.99

Property Description

Beautiful mountain property with quality road frontage located just a short drive from Route 24 and Smith Mountain Lake. Seclusion, amazing views, potential building sites, and a convenient location await the new owner. Own your own mountain with a gated entrance and gravel road. The well hidden cell tower on the property will earn a steady revenue stream of $1075 per month which goes up 3% yearly, and we have already had offers of 240k to purchase the cell tower lease, so that opportunity awaits the new owner. Timber Value 200k documented timber cruise!The property is listed at 625,000 and it returns 240,000 immediately and has another 200,000 in timber asset value. That is the equivalent of paying 185,000 for 111 acres, or 1,665 per acre!High speed internet, electric on site!

Location

State VA

County Bedford County

Area 0600 - Bedford County

Zoning A-R

Exterior

Pool Underground Util

View Mountain, Sunrise

Building

Sewer None

Water None

Schools

Elementary Schools Bedford

Middle Schools Other - See Remarks

High Schools Other - See Remarks

Others

Tax ID 193A86

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Listed by WHITETAIL PROPERTIES REAL ESTATE LLC
Bought with WHITETAIL PROPERTIES REAL ESTATE LLC

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Rob Jessee

Agent | License ID: 0225219859

+1(540) 293-8040

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