7245 General Mahone Drive, Sussex County, VA 23890
$699,900
Land Property
Investment opportunity for a property with a long term solar lease in place awaiting approval form Dominion Energy. Construction of a 6.88 MW project expected to begin in late 2024. 64 K annually with a 1% escalation for each of 20 years. Other options available at end of lease. Option to sell for lump sum available to owner once construction begins. Solar company to pay taxes. Property located next to Prince George Electric Co-Op. 20 acres of 12 year old pines offer further investment opportunity for harvesting in a 7-8 years.
School Information
- School District
- Sussex County Public Schools
- Elementary School
- Middle School
-
Sussex Central Middle
21356 Sussex Drive
Stony Creek, VA 23882
12.51 mi away
- High School
-
Sussex Central High
21394 Sussex Drive
Stony Creek, VA 23882
12.29 mi away
Listing Courtesy of Mossy Oak Properties/Land and Farms Realty
