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.