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Cell Towers
120 1St Ave, Statesville, NC 28677
Site Overview
Site Name120 1St Ave, Statesville, Nc 28677
Current InfrastructureMultifamily
SiteBid ID ##476710
Published DateApril 30, 2024
Modified DateMay 4, 2025
Potential UsesCell Towers
Location
Address120 1St Ave
CityStatesville
State / ProvinceNC
Zip Code28677
CountyIredell County
MSA / Metro AreaCharlotte-Concord-Gastonia, Nc-Sc
Elevation269.60 meters
ZoningR5
Property
Lot Size13,452 sq ft
Lot Depth114 ft
Lot Frontage118 ft
Building Area2,190 sq ft
Stories1.00
Buildings1.00
Total Units2.00
Residential Units2.00
Year Built1957
Year Renovated1975
120 1St Ave, Statesville, Nc 28677
120 1St Ave, Statesville, Nc 28677 is a Multifamily property with a cell tower antenna structure. The site offers a 13452 sqft lot area and has a Iredell County APN # of 4734-97-4769.000. See the wireless lease estimate for this site and search for cell towers nearby.
Location Map
📍 35.790025, -80.890179
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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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