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1601 Athens Dr, Raleigh, NC 27606

Lat/Long: 35.769655, -78.708878     Elevation: 122.26 meters

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Adam Armstrong
Phone Number: 858.295.8280
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Anamaria Endara
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Site Name
1601 Athens Dr, Raleigh, Nc 27606
Current Infrastructure
Data Accuracy
0.000
SiteID #
487922
Modified Date
Site Description

1601 Athens Dr, Raleigh, Nc 27606 is a Special Purpose property with a cell tower antenna structure. The site offers a 348480 sqft lot area and has a Wake County APN # of 0783.11-65-2257-000. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name
1601 Athens Dr, Raleigh, Nc 27606
Address
County of Record
Wake County
City
State / Province
Zip Code
Latitude:
Longitude:
Country
United States
Parcel # (APN)
0783.11-65-2257-000
Metro Area (MSA)
Raleigh-Cary, Nc
FIPS Code
37,183
Census Tract
37,183,052,404
Zoning
R-4

Census Data

The property located at 1601 Athens Dr is situated in Wake County, North Carolina and has a block FIPS # of 371830524041013. Here is the most recent census data from the 2020 US Census report:
Block FIPS: 371830524041013
County FIPS: 37183
County Name: Wake County
State FIPS: 37
State Name: North Carolina
Block Population (2020): 258
AMT: AMT002
BEA: BEA019
BTA: BTA368
CMA: CMA071
EAG: EAG702
IVM: IVM071
MEA: MEA007
MTA: MTA006
PEA: PEA045
REA: REA002
RPC: RPC002
VPC: VPC002
Lot Area
348,480.00sq. ft.
# of Buildings
2
Building Area
18,921sq. ft.
Total Units
1
Stories
2
Year Built
1,970
Year Renovated
1,975
Technology & Infrastructure

Utility Information

Utility Company: Duke Energy Carolinas|Progress Energy Carolinas
Company ID: 5416|3046
Residential Rate: $0.1043 /kWh
Commerical Rate: $0.085 /kWh
Industrial Rate: $0.0664 /kWh
{ "status": 41 }

Utility Lease Market Valuation Analysis

Cash Flow Analyis
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Utility Lease Market Valuation Analysis

Cash Flow Analyis
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Market Lease Comparables
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Sale Value Range ($)
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Estimated Utility Lease Rates

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Note: This lease rate estimate incorporates public and user-submitted data into SiteBid’s proprietary formula, also taking into account lease facts, location and market trends.

Estimated Utility Lease Sale Valuation

Note: This doesn't include the value of the real estate and is only based on the lease rights an a recorded utility easement. The amount of the lease buyout depends on the rent being received under the existing lease, the tenant quality, the terms of the lease, the neighborhood location (including traffic counts and population), the duration of the period for which our investor has the right to collect rent, and a number of other variables that make up our risk assessment.

Request a free site valuation and no obligation cash offer.

Infrastructure Investors are actively purchasing fee simple real estate, leases and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.

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