A gravel path in Henderson, NC, leading through a wooded area with tall pine trees to a tall communication tower enclosed by a chain-link fence under a cloudy sky.A secured area with a high metal fence and multiple warning signs around the gate, located in a wooded area with a gravel path leading up to it.A chain-link fence with a secure gate encloses an area surrounded by pine trees, with a gravel pathway leading along the side. a "no trespassing" sign is visible on the gate.An image showing a gated electrical substation with multiple warning signs, surrounded by a chain-link fence in a barren, dirt-covered area with sparse vegetation.A winding dirt path lined with dry, tall grass leads through a dense forest of tall pine and leafless deciduous trees under a cloudy sky.A dense forest of slender, leafless trees with brown, scattered foliage covering the ground. the overcast sky suggests a cool or damp climate.A fenced-off area with a chain-link gate on a barren ground, surrounded by tall pine trees, under a cloudy sky. a sign on the fence displays "for sale" information.A tall communication tower surrounded by a dense forest of tall pine trees under an overcast sky.A tall, narrow metal tower stands prominently among a cluster of tall, dense pine trees under a cloudy sky.A metal transmission tower stands amidst tall pine trees under a cloudy sky. the tower's structure is partially obscured by the dense foliage.

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124 Virginia Dare Lane · Henderson, NC 27537

Henderson, NC 27537
PendingUnimproved LandSandy Creek TownshipVance County
$130,000
Listed Mar 7, 2024
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A gravel path in Henderson, NC, leading through a wooded area with tall pine trees to a tall communication tower enclosed by a chain-link fence under a cloudy sky.A secured area with a high metal fence and multiple warning signs around the gate, located in a wooded area with a gravel path leading up to it.A chain-link fence with a secure gate encloses an area surrounded by pine trees, with a gravel pathway leading along the side. a "no trespassing" sign is visible on the gate.An image showing a gated electrical substation with multiple warning signs, surrounded by a chain-link fence in a barren, dirt-covered area with sparse vegetation.A winding dirt path lined with dry, tall grass leads through a dense forest of tall pine and leafless deciduous trees under a cloudy sky.

0
Bathrooms

0.23
Acres
Sandy Creek TownshipVance CountyMLS 10015759

124 Virginia Dare LanePending
$130,000 · 0 ba

Highlights

  • Cell Tower In Place
  • Leased Through June 2081
  • Rent Based On CPI Data
  • 6.5% Cap Rate
  • Long Term Investment

About this home

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

Sandy Creek Township · Vance County · Henderson, NC

Property history

  1. Pending saleSource: IDX Doorify MLS #10015759$130,000
  2. Listed for saleSource: IDX Doorify MLS #10015759$130,000

Documents

3 documents

Aerial(opens in a new tab)Mineral/Oil/Gas Disclosure(opens in a new tab)Survey(opens in a new tab)

Nearby Listings

Statuses-buttons
  • All
  • Sold (7)
  • Pending (5)
  • Active (4)
Living Area
Date Range
Price
124 Virginia Dare Lane
Not in a Subdivision
$130,000
$0
0.23
Under Contract
539 Vincent Hoyle Road
Not in a Subdivision
$105,000
$0
29.77
Sold
Jan 27, 2026
Listings Nearby to Listing

Examining another house that is similar, nearby, and recently sold can help determine if the price of this home for sale is priced appropriately.

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Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database.

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Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.