Greenville Land with Billboard
1901 I 587, Greenville, NC 27834
New
- Added:
- May 22, 2026
- Days on Market:
- 7
- Last Refresh:
- May 28 at 8:06 am
Property Features for 1901 I 587
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 023817
- Lot size
- 38.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Refer to deed and remarks.
Listing agent The Tingen Team License #217303 (252) 321-6161
Listing office Berkshire Hathaway HomeServices Prime Properties 2625 CHARLES BOULEVARD, Greenville, NC (252) 321-1990
Listing date May 22, 2026
MLS# 100576174
Listing URL
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Approximately 38 acres of woodland offer a serene setting.
- Located in the Greenville ETJ and zoned RA 20 for low‑density residential use.
- Land on the north side of I‑587 W has access via Silas Lane, a gravel private right of way.
- Billboard generates $2,000 annual rent with approximately 14 years remaining on the lease term.
- Billboard lessee has Right of First Refusal to purchase the billboard site.
- Cell tower on the property has been purchased and is no longer leased.
Overview
This property consists of approximately 38 acres of woodland, situated on both the north and south sides of the I 587 corridor. Located within the Greenville ETJ, the acreage on the north side of the I 587 W corridor is accessible via Silas Lane, a gravel private right of way, and is zoned RA 20 for low-density residential use. A cell tower is present on the property and has been purchased by Crown Castle Towers 09, LLC; the site is no longer leased. On the south side of the property, a billboard is leased to the Lamar Companies. The billboard site will most likely be purchased by the Lessee. The most recent lease renewal became effective on June 17, 2019, for a 10-year term, with an automatic 10-year renewal at the same terms and conditions, leaving approximately 14 years remaining on the term. The annual rent for the billboard is $2,000, with no rent escalations specified in the lease agreement. The Lessee has the Right of First Refusal to purchase the billboard site if the Lessor elects to sell the property. The Lessee also has the right to purchase a perpetual easement for the billboard site for 6 times the annual rent or $12,000 if the Lessor opts to sell the property and the right to terminate the lease at any time by providing written notice. The legal description is outdated, as is the acreage for the property on the county tax site from where I 587 passed through decades ago. It will be the buyer's responsibility to obtain a survey for title insurance.
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Map
- City
- Greenville
- County
- Pitt
- State
- North Carolina
- Longitude
- -77.475263
- Latitude
- 35.608851
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 38 acres of woodland with billboard and cell tower.
Where is this land located?
The property is located at 1901 I 587 Greenville, NC.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Approximately 38 acres of woodland offer a serene setting.; Located in the Greenville ETJ and zoned RA 20 for low‑density residential use.; Land on the north side of I‑587 W has access via Silas Lane, a gravel private right of way.
