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8617 Gates Rd

Suffolk, VA 23437
  • $264,900
  • STATUS: Active Under Contract
  • ON SITE: 104 Days
  • ID#: 10441887
Under Contract
UPDATED: 71 min ago
$264,900
  • 0
    BEDS
  • 58.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots

School Information

Elementary School:
Middle School:
High School:

Description

Rare opportunity to buy a 58.843 acre farm that can be subdivided via a minor subdivision which is typically 3 parcels and a residual parcel. 26.24 acres of cropland per ASCS. The balance is wooded. 900 Sq Ft 3 BR 1 Bath single family dwelling on the property needing repair being sold & conveyed "AS IS". Seller will make no repairs. There is a CSX RR right of way on the property. The railroad tracks have been abandoned but CSX still owns the right of way. CSX will not sell ROW. Great investment opportunity to sell off some small parcels up front and keep the remaining back parcel (34.6 acres) for yourself. Over 1900 feet of road frontage on Gates Road. The farm is currently leased for the year 2022. Do not drive on cropland, please. Excellent deer hunting area. Only 20/25 minutes to downtown Suffolk.

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www.atlanticsir.com/homes/129833901
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8617 Gates Rd Suffolk, VA 23437

  • Price: $264,900
  • Status: Active Under Contract
  • On Site: 104 Days
  • Updated: 71 min ago
  • ID#: 10441887
0
Beds
0
Baths
0
½ Baths
58.84
Acres
Neighborhood:
All Others Area 63
Area:
63 - West Suffolk
Elementary School:
Southwestern Elementary
Middle School:
Forest Glen Middle
High School:
Lakeland
Property Description
Rare opportunity to buy a 58.843 acre farm that can be subdivided via a minor subdivision which is typically 3 parcels and a residual parcel. 26.24 acres of cropland per ASCS. The balance is wooded. 900 Sq Ft 3 BR 1 Bath single family dwelling on the property needing repair being sold & conveyed "AS IS". Seller will make no repairs. There is a CSX RR right of way on the property. The railroad tracks have been abandoned but CSX still owns the right of way. CSX will not sell ROW. Great investment opportunity to sell off some small parcels up front and keep the remaining back parcel (34.6 acres) for yourself. Over 1900 feet of road frontage on Gates Road. The farm is currently leased for the year 2022. Do not drive on cropland, please. Excellent deer hunting area. Only 20/25 minutes to downtown Suffolk.
Exterior Features

Buildings Habitable DwellingUtility Bldg Fence Description None Fence YN No Improvements None Land Description ClearedWooded Lot Front 1943 Lot Size Table 50.1 To 100 Acres Perc Test Table None Road Frontage City / County Road Surface Paved Tree Description Partial Waterfront Description Not Waterfront Waterfront YN No

Property Features

Contingency Exists Non Contingent Disclosure Disclosure StatementSpecial Tax Rate Owner Finance YN No Ownership Type Simple Possession Closing Tax Amount Approx 1167 Use Possible AgricultureRecreationalResidentialZoned Horses Utilities Electric AvailSepticTelephone AvailWell Zoning A

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4416 Expressway Drive
Virginia Beach VA, 23452