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Cell Towers
1007 Porters Neck Rd, Wilmington, NC 28411
Site Overview
Site Name1007 Porters Neck Rd, Wilmington, Nc 28411
Current InfrastructureOther
SiteBid ID ##601611
Published DateOctober 30, 2025
Modified DateOctober 30, 2025
Market StatusOff Market
Location
Address1007 Porters Neck Rd
CityWilmington
State / ProvinceNC
Zip Code28411
CountyNew Hanover
Elevation6.99 meters
ZoningR-20,resid
SubdivisionCornelia N Davis Inc Lands
School DistrictNew Hanover County Schools
Flood ZoneX
Property
Lot Size37.45 acres
Building Area96,927 sq ft
Stories1.00
Buildings7.00
Total Units96.00
Year Built2025
Year Renovated2025
Building ConditionAverage
Property ClassExempt
TopographyLow Elevation
Location Map
📍 34.294691, -77.771265
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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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