124 Virginia Dare Lane Pending

Henderson,NC 27537

$ 130000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Subdivision Not In A Subdivision

MLS Listing ID 10015759

HOA Y/N No

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Unimproved Land

Source Triangle MLS

Property Description

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.

Location

State NC

County Vance

Direction From Henderson, Warrenton Road to right on Carey Chapel Road, left on Steward Farm Road, left on Virginia Dare Road and follow gravel road to tower area.

Exterior

Fence Full,Security

Community Features None

View Y/N Yes

Present Use Investment

Street Surface Gravel

Private Pool No

Building

Lot Description Cleared,Secluded

Faces From Henderson, Warrenton Road to right on Carey Chapel Road, left on Steward Farm Road, left on Virginia Dare Road and follow gravel road to tower area.

Sewer None

Water None

Others

HOA Fee Include None

Tax ID 0528 01116

Special Listing Condition Standard

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