2523 Williston Rd
- 1.77 acres of commercial land
- Annual billboard income: $6,000 (paid upfront)
- Annual NOI: $6,000
- Priced at appraisal value — $190,000
- Seller retains no easement rights
- Strong passive-income profile
- Excellent 1031 exchange candidate
Property Description
This 1.77-acre commercial parcel presents a turnkey passive-income opportunity for investors seeking stability and simplicity. Offered at its 2023 appraised value of $190,000, the property includes a well-positioned billboard that generates $6,000 annually, paid upfront each year. With the income stream transferring directly to the buyer and the seller retaining no easement rights, new ownership gains full control and long-term preservation of value. The parcel’s strategic location along a high-visibility corridor enhances its reliability as an income-producing asset. Whether used for long-term land banking, portfolio diversification, or as a strong 1031 exchange replacement, this tract offers consistent returns with virtually no management requirements. Annual NOI: $6,000 A rare blend of value, location, and effortless income—this site is well-suited for investors looking to acquire a clean, stable asset priced exactly at its independent appraisal.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $190,000 |
| No. of Units: | 1 |
| Year Built: | 1954 |
| Lot Size: | 1.77 Acres |
| Opportunity Zone: | No |
| Price per unit: | $190,000 |
| Property Website | Click Here |
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