Decor and furniture
Sign Canvas Wood 7x2
It's a sign. You write things on it.
Harvest drops
Wood× 2
Taken apart with a harvesting tool (axe, pickaxe, shovel), before perks and tool bonuses.
When it collapses
Falling, it leaves 
Wood Debris (Terrain) (75% of the time) where it lands.
Where to find (3 POIs)
Close Encounters Gun Range (tier 4), Carl's Cars (tier 3), Dirty Laundry (tier 1).
Points of interest built with this block (any of its variants), the highest tiers first, from the game's prefab files.