0 Mill Iron RD, Goodview, VA 24095
$500,000
Property Type:
Land
Lot Size (sq. ft.):
4,834,724
Status:
Closed
Current Price:
$500,000
List Date:
1/19/2023
Last Modified:
9/27/2024
Overview
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!
Listing Details MLS# 895405
Location, Tax & Legal
- Area
- 0600 - Bedford County
- Street Name
- Mill Iron
- Street Suffix
- RD
- State/Province
- VA
- Zip Code
- 24095
- Subdivision
- NA
- Municipality
- Bedford County
- Elementary School
- Bedford
- Middle School
- Other - See Remarks
- High School
- Other - See Remarks
- Major Area
- 06 - Bedford County
- Phase
- 0
- Lot
- na
- Block
- na
- Tax ID
- 193A86
- Annual Taxes
- 1475
- Section
- na
- Zoning Code
- A-R
- POA Y/N
- No
General Property Description
- Land Type
- Land (Acreage)
- Land Sub-Type
- Undeveloped
- Lot Dimensions
- na
- Total Acreage
- 110.99
- Acres Wooded
- 110
- Price Per Acre
- 5630
- Manufactured Allowed
- Yes
- Water Class
- N/A
Status Change Info
- Ratified Contract Dt
- 2023-08-12
- Sold Date
- 2023-10-18
Remarks & Misc
- Directions
- Turn off of Route 24 onto Mill Iron Rd travel approx 5 miles and look for my sign at 3759 Mill Iron Rd Goodview Va 24095, shared drive takes you to the gate.
Limited Service
- Not Limited Service
- Yes
More Information
Land Description
- Level
- Yes
- Varied
- Yes
Views
- Mountain(s)
- Yes
- Sunrise
- Yes
Leased Equipment
- See Remarks
- Yes
Misc Features
- Underground Util
- Yes
Property Description
- Secluded
- Yes
- Views
- Yes
Water Description
- None
- Yes
Documents Available
- Est on Timber Value
- Yes
Sewer Description
- None
- Yes
Electric Description
- Below Ground
- Yes
Gas Description
- None Available
- Yes
Internet Access
- Other, See Remarks
- Yes
Property Features
Limited Service:
Not Limited Service
Land Description:
Level; Varied
Views:
Mountain(s); Sunrise
Leased Equipment:
See Remarks
Misc Features:
Underground Util
Property Description:
Secluded; Views
Documents Available:
Est on Timber Value
Electric Description:
Below Ground
Gas Description:
None Available
Water Description:
None
Sewer Description:
None
Internet Access:
Other, See Remarks
Listing Office:
WHITETAIL PROPERTIES REAL ESTATE LLC
Last Updated: September - 27 - 2024
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