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Cell Towers
421 S Salisbury St, Raleigh, NC 27601
Site Overview
Site Name421 S Salisbury St, Raleigh, Nc 27601
Current InfrastructureHospitality
SiteBid ID ##487175
Published DateMay 4, 2024
Modified DateMay 4, 2025
Potential UsesCell Towers
Location
Address421 S Salisbury St
CityRaleigh
State / ProvinceNC
Zip Code27601
CountyWake County
MSA / Metro AreaRaleigh-Cary, Nc
Elevation102.24 meters
ZoningDX-40
Property
Lot Size27,878 sq ft
Building Area249,480 sq ft
Buildings1.00
Total Units353.00
Year Built1982
Year Renovated1998
421 S Salisbury St, Raleigh, Nc 27601
421 S Salisbury St, Raleigh, Nc 27601 is a Hospitality property with a cell tower antenna structure. The site offers a 27878 sqft lot area and has a Wake County APN # of 1703.42-67-8106-000. See the wireless lease estimate for this site and search for cell towers nearby.
Location Map
📍 35.774935, -78.639906
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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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