$225,000
( )
 $1,174 est/mo Sourced by Back At You

156 Periwinkle Lane,Washington, NC 27889

Washington, NC 27889

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Description

Cell Tower Ground Lease & Easement Investment Opportunity Exceptional opportunity to acquire a long-term, income-producing cell tower ground lease and easement with an established telecommunications provider. This investment offers dependable passive income with approximately 9 years remaining on the current lease term through 2037, providing stable cash flow backed by essential wireless infrastructure. The easement includes established access rights, ensuring uninterrupted operation of the tower while requiring minimal owner involvement. As demand for reliable wireless connectivity continues to grow, cell tower assets remain highly desirable for investors seeking predictable returns. Investment Highlights: -Long-term lease in place through 2037 -Consistent recurring income from an established telecommunications tenant -Established easement with legal access rights -Low-maintenance, passive investment -Opportunity for future lease renewals and potential rent escalations, subject to lease terms -Strong infrastructure asset in a growing telecommunications industry -Currently brings in $9720/annually Whether you're looking to diversify your portfolio or secure a reliable income-producing asset, this cell tower lease and easement present a rare opportunity to invest in a proven, long-term revenue stream.

Details

MLS #100591064
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2006
Days On Site46
Listing Provided ByUnited Real Estate East Carolina | Dan Jenkins

Features

ZoningI-2
Acreage0.23

Exterior

Lot FeaturesCleared
Waterfront FeaturesNone

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo

Utilities

UtilitiesUtility Easement

Taxes

Tax Assessed Value0
Tax Book Number0
Tax Legal Description4074
Tax Year2025

Area Information

StateNC
CountyBeaufort
CityWashington
Zip Code27889
Listing VS Median (in 27889)
Price:
$225,000
low | high
Med:
$326,250
5% of Average
On site:
46
low | high
Med:
57
80.701754385965% of Average
Sourced by Back At You

Market Activity 27889

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Learn More About This Property

StateNC
CountyBeaufort
CityWashington
Zip Code27889
Listing VS Median (in 27889)
Price:
$225,000
low | high
Med:
$326,250
5% of Average
On site:
46
low | high
Med:
57
80.701754385965% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $168K - $281K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
127 Hillingdale Drive Property Photo 1
$274,000
127 Hillingdale Drive
Washington, NC 27889
203 Hillingdale Drive Property Photo 1
$345,000
203 Hillingdale Drive
Washington, NC 27889
Listing Updated: August 21, 2026 at 11:21:12 PM PDT