Commercial Land with Cell Tower
For Sale
$225,000
Pending
156 Periwinkle Lane, Washington, NC 27889
Commercial Sale, Washington, NC
Property SizeContact for details
Lot Size0.23 Acres
Days on Market30
Property Features for 156 Periwinkle Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-2
Subdivision
Not In Subdivision
Lot features
Cleared
Directions
Coming from Washington, take US-264 East. Turn left on to Tranters Creek Dr. Turn left onto Periwinkle Lane. Property is down on the right side.
Standard status
Pending
APN
0004074
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4074
Legal Description
4074
Building Details
Year built
2006
Listing Agency:
United Real Estate East Carolina
(252) 355-3129
Listed By:
Dan Jenkins · License #242367
(252) 412-2338
Added: Jul 23
Changed: Aug 19
Last Checked: Aug 21 at 2:06PM
MLS# 100591064
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.
Investment Insights
Based on property information with market context.
This 0.23-acre commercial land holding supports a cell tower ground lease and associated easement serving an established telecommunications provider. The property is zoned I-2 and includes legal access rights for ongoing tower operations. The current lease runs through 2037, providing a defined contractual term tied to existing wireless infrastructure. Property records identify a 2006 year built.
Located at 156 Periwinkle Lane in Washington, North Carolina, the offering combines a compact land parcel with an operating telecommunications use and established access provisions. The easement is part of the property interest and supports continued access to the tower site. Lease renewals and escalations remain subject to the governing lease terms.
Located at 156 Periwinkle Lane in Washington, North Carolina, the offering combines a compact land parcel with an operating telecommunications use and established access provisions. The easement is part of the property interest and supports continued access to the tower site. Lease renewals and escalations remain subject to the governing lease terms.
Key Highlights
- 0.23‑acre commercial land parcel with an existing cell tower ground lease
- Current ground lease extends through 2037
- I‑2 zoning designation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
88
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Income-producing land interest with telecommunications infrastructure, legal access rights, and an existing lease extending through 2037.
Where is this commercial land located?
The property is located at 156 Periwinkle Lane 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: 0.23‑acre commercial land parcel with an existing cell tower ground lease; Current ground lease extends through 2037; I‑2 zoning designation
