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
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!
More Information MLS# 895405
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
Location, Tax & Legal
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
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
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: 1
Land Description
Level: 1
Varied: 1
Views
Mountain(s): 1
Sunrise: 1
Leased Equipment
See Remarks: 1
Misc Features
Underground Util: 1
Property Description
Secluded: 1
Views: 1
Water Description
None: 1
Documents Available
Est on Timber Value: 1
Sewer Description
None: 1
Electric Description
Below Ground: 1
Gas Description
None Available: 1
Internet Access
Other, See Remarks: 1
Contract Information
Current Price: $500,000
Sold Price: $500,000
List Date: 2023-01-17
Status: Closed
Status Change Info
Ratified Contract Dt: 2023-08-12
Sold Date: 2023-10-18
Sold Price: $500,000
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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