Spring Knoll Farm – Premier Income-Producing Farmland With Endless Potential
Media
Summary
Property
- Type
- Farms, Recreational Land, Residential Land, Hunting Land, Horse Property
- Road Frontage
- County Road
- Road Surface
- Pavement, Blacktop/Asphalt
- Fencing
- Low Fence, Partial, Low
- Outbuildings
- Metal, Barn
Land Details
- Pasture
- Tillable
- Grass
- Hay
- Open
- Pond
Utilities
| Electric: | Onsite |
| Sewer: | Onsite |
| Water: | Onsite |
| Propane: | Onsite |
Housing
Home
6BD / 2BA / 0HB 2216± sqft Built in 1909
Features/Improvements
- Small Game
- Big Game
- Waterfowl
- Fish
Description
PRICE REDUCED! Welcome to Spring Knoll Farm! Located just a couple of miles southeast of Midland lies this immaculate income-producing farm with an extensive amount of road frontage along Midland Road as well as Ritchie Road. Composed of approximately 84 stunning acres of tillable land and 30 acres of pasture ground for your cattle or livestock. The cell phone tower on the property is disguised as a silo and brings in more than $1,500 a month for the next 50 plus years! This cell tower has the capabilities of taking on more providers so the income could go up significantly in the future. Currently being leased for crop and hay production bringing in $4,450 each year. This parcel will continue to stay in its original state as it is protected from development by the Virginia Outdoor Foundation’s conservation easement program. Under the conservation easement, this parcel is eligible for a new home to be built up to 2000 square feet and the existing home can be remodeled or replaced with no square footage limitations. The existing home has over 2,200 sq ft of living space with 6 bedrooms and 2 full bathrooms. There are numerous outbuildings including 2 barns, 2 equipment sheds, a carport, and a run-in shed to shelter your equipment or belongings. Located towards the northern side of the farm is a large pond that supplies water for livestock and attracts many species of waterfowl. This parcel has a very subtle change in topography with only about 30 ft of elevation change across the entire farm. Contact us today for more details or to schedule a private showing of this elite farm! DISCLOSURE: Property to convey “AS-IS”. All inspections will be for informational purposes only. Do not drive in the crop or pasture fields and do not block the road leading to the cell tower silo. Farmer growing crops reserves the right to harvest his crops this coming fall and/or winter. Shown by appointment only and must be accompanied by a licensed agent.
Details
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Located just a couple miles southeast of Midland
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Cell phone tower monthly income in excess of $1500 for the next 50 plus years
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Currently being leased for crop and hay production that produces $4450 in annual income
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Protected from development by the Virginia Outdoor Foundation
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Current home features 6 bedrooms, 2 full bathrooms, and over 2200 square feet of living space
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Large farmhouse could be rented out for additional monthly income
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Numerous outbuildings including 2 barns, 2 equipment sheds, a carport, and a run-in shed
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Extensive asphalt road frontage on Midland Road and Ritchie Road
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Partially fenced with wood, high tensile, and barbed wire fencing
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Zoned RA (Rural Agriculture)
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Farmer growing crops reserves the right to harvest his crops this coming fall and/or winter
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Property to convey “AS-IS” - All inspections will be for informational purposes only
Other
Coordinates
38.5555, -77.6768
Annual Taxes
$3,137
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer’s Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
