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5055 Webster Rd

65 Acres of Commercial Land Offered at $1,900,999 in Glade Hill, VA 24092

Investment Highlights

  • Campground. Lakefront tract development

Executive Summary

This unique waterfront tract has unlimited possibilities w/approx 46 acres above the 800' contour with approx 1500' of waterfront and super main channel views.(Total of 65 acres counting 19 acres below the 800' contour). This property has served as a campground with 42 assigned lots which are leased on a calendar year annual basis. Included with the purchase is a rustic single family farmhouse built circa 1900 w/no HVAC and a bath house for renters convenience. There are numerous floater style docks along the shoreline. There are three septic tanks in total. One septic serves the men's bathhouse, one for the women's bathhouse & one for the farmhouse & 2 trailers towards the gate entrance. Seller is selling property as-is. Public Boat Ramp available adjacent to this property. Each campsite can negotiate their own individual electric connection. Water is provided via individual spigot during warm months by a common well with the storage tank. Net income for 2023 was roughly $40,000.00. Sellers are not having AEP inspection since sold as-is.

Property Facts

Price $1,900,999
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Manufactured Homes or Mobile Home Park
  • Single Family Development
Total Lot Size 65.00 AC

1 Lot Available

Lot

Price $1,900,999
Price Per AC $29,246
Lot Size 65.00 AC

This unique waterfront tract has unlimited possibilities w/approx 46 acres above the 800' contour with approx 1500' of waterfront and super main channel

zoning

Zoning Code A1 (Agriculture)
A1 (Agriculture)
  • Listing ID: 31518866

  • Date on Market: 4/16/2024

  • Last Updated:

  • Address: 5055 Webster Rd, Glade Hill, VA 24092

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