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Cell Towers
121 Chestnut St, Wilmington, NC 28401
Site Overview
Site Name121 Chestnut St, Wilmington, Nc 28401
Current InfrastructureMultifamily
SiteBid ID ##460137
Published DateMarch 9, 2024
Modified DateMay 4, 2025
Potential UsesCell Towers
Location
Address121 Chestnut St
CityWilmington
State / ProvinceNC
Zip Code28401
CountyNew Hanover County
MSA / Metro AreaWilmington, Nc
Elevation10.72 meters
ZoningCBD
Property
Lot Size21,039 sq ft
Building Area85,377 sq ft
Buildings2.00
Total Units11.00
Residential Units11.00
Year Built1925
Year Renovated1981
Infrastructure
Elev. Above Sea Level10.72
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Site overview
121 Chestnut St is a Multifamily property in Wilmington, NC 28401. The parcel offers a 21,039 sq ft lot, zoned CBD, in New Hanover County (APN R04720-006-012-000). Review nearby cell tower coverage, carrier presence, broadband availability, and co-location potential for this Wilmington site below.
Property typeMultifamily
Lot size21,039 sq ft
ZoningCBD
APNR04720-006-012-000
CountyNew Hanover County
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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 lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.
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