About The Property

Here is a chance for a long term investment with cell tower in place. Currently leased through June, 2081. The future rent is based on the CPI data. At this time, based on a current appraisal and uncertainty in the market, 6.5% cap rate appears to be the most reasonable and viable.
Courtesy of Coldwell Banker Advantage Hend, Karen Stainback, 252-431-6250.
Listing Snapshot
Days Online
416
Last Updated
Property Type
Unimproved Land
Lot Size
0.23 Acres
MLS Number
10015759
Koren Bowman
REALTOR
Agent profile image

Additional Details

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Property Access
Road Frontage Type: "State Road", Road Surface Type: "Gravel"
Building
Building Area Units: Square Feet, Living Area Units: Square Feet
Community
Community Features: None
Fence
Fencing: "Full", "Security"
Lot
Lot Features: "Cleared", "Secluded", Lot Size Acres: 0.23, Lot Size Area: 10018.8, Lot Size Square Feet: 10018.8, Lot Size Units: Square Feet, Parcel Number: 0528 01116
Property
Current Use: "Investment", Property Sub Type: Unimproved Land
Sewer
Sewer: "None"
Taxes
Tax Annual Amount: 0
Utilities
Water Source: "None"
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Courtesy of Coldwell Banker Advantage Hend, Karen Stainback, 252-431-6250.

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