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.
Land
Cleared, Secluded
Full, Security
None
None
Date | Status | Price |
---|---|---|
March 7, 2024 | Active | $130,000 |
March 18, 2024 | Under Contract | $130,000 |
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124 Virginia Dare Lane is priced at a cost of per square foot which makes it about the same of the city’s median price per square foot
of .
And this is about the same of the township’s median price per square foot.
compared to the median of in Sandy Creek (Vance) Township.