Cell Tower Commercial
For Sale
$225,000
156 Periwinkle Ln, Washington, NC 27889
I-2-zoned land supports an established telecommunications easement with access rights and a lease term extending through 2037.
Property SizeContact for details
Days on Market67
Property Features for 156 Periwinkle Ln
General Information
Standard status
Active
Building Details
Year Built
2006
Listing Agency:
United Real Estate East Carolina
Listed By:
Dan Jenkins · License #242367
(252) 412-2338
Source:
Barefootbrokers
Added: Aug 12
Changed: Oct 14
Last Checked: Oct 7 at 4:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate East Carolina
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This I-2-zoned commercial land is subject to a cell tower ground lease and easement serving an established telecommunications provider. The arrangement includes legal access rights for continued tower operations and requires limited owner involvement based on the existing ground-lease structure.
The current lease term runs through 2037, with approximately 9 years remaining. The property record identifies 2006 as the year built. The asset combines telecommunications infrastructure with a documented easement and an established lease, offering a specialized land investment tied to ongoing tower operations.
The current lease term runs through 2037, with approximately 9 years remaining. The property record identifies 2006 as the year built. The asset combines telecommunications infrastructure with a documented easement and an established lease, offering a specialized land investment tied to ongoing tower operations.
Key Highlights
- Cell tower ground lease and easement with an established telecommunications provider
- Current lease term extends through 2037, with approximately 9 years remaining
- Established legal access rights support continued tower operations
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
Business Placement
Demographics for 27889, NC
26,054
Population
12,956
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
87%
High-School Grad
176.1 sq mi
ZIP Area
148
Density / Sq Mi
$52,694
Median Household Income
$36,058
Median Earnings
$847
Median Rent
$184,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - I-2-zoned land supports an established telecommunications easement with access rights and a lease term extending through 2037.
Where is this commercial land located?
The property is located at 156 Periwinkle Ln Washington, NC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Cell tower ground lease and easement with an established telecommunications provider; Current lease term extends through 2037, with approximately 9 years remaining; Established legal access rights support continued tower operations
