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Cell Tower Commercial Land
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 Market20

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
Source: Barefootbrokers
Added: Aug 12 Changed: Aug 29 Last Checked: Aug 30 at 8:12PM

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

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.

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

Current Use

aaaaa General Contractor

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Garden 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

89
Businesses Nearby

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
Rey
Questions? Ask Rey
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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
More about this property
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