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Land with Cell Tower Lease
For Sale
$130,000
Pending

124 Virginia Dare Lane, Henderson, NC 27537

Land, Henderson, NC

Property SizeContact for details
Lot Size0.23 Acres
Days on Market897

Property Features for 124 Virginia Dare Lane

General Information

Property type Land
Property subtype Other
Vegetation Cleared
Subdivision Not in a Subdivision
Lot features Cleared, Secluded
Standard status Pending
APN 0528 01116
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Deed Book 1305, Page 1137
Legal Description Deed Book 1305, Page 1137
Listing Agency: Coldwell Banker Advantage Hend · Coldwell Banker Real Estate
Listed By: Karen Stainback · License #176212
Added: Mar 7, 2024 Changed: Aug 19 Last Checked: Aug 21 at 7:06PM
MLS# 10015759

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offers a long-term investment opportunity with a cell tower already in place. The property is currently leased through June 2081, with future rent adjustments based on the Consumer Price Index (CPI). The property is located in Henderson, North Carolina. The lot size is 0.23 acres. Based on a current appraisal and market uncertainty, a 6.5% cap rate appears reasonable.

Key Highlights

  • Long‑term investment opportunity with existing cell tower.
  • Lease in place through June 2081.
  • Future rent adjusted based on CPI data.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 27537, NC

23,635
Population
10,764
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
87%
High-School Grad
185.7 sq mi
ZIP Area
127
Density / Sq Mi
$52,345
Median Household Income
$35,228
Median Earnings
$915
Median Rent
$150,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for sale with long-term cell tower lease.
Where is this commercial land located?
The property is located at 124 Virginia Dare Lane Henderson, NC.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Long‑term investment opportunity with existing cell tower.; Lease in place through June 2081.; Future rent adjusted based on CPI data.
More about this property
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