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- LoopNet Team
5055 Webster Rd
Glade Hill, VA 24092
Land For Sale
·
65.00 AC
INVESTMENT HIGHLIGHTS
- Campground. Lakefront tract development
- Laid out for approximately 42 sites. Additional sites would require conditional use permit.
PROPERTY FACTS
DESCRIPTION
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.
