0 Cedar Hill Road NE, Navassa, NC 28451 (MLS# 100394146)

0 Cedar Hill Road NE, Navassa, NC 28451

$10,260,000
Property Type: Land Lot Size (sq. ft.): 4,704,480 Status: Active
Current Price: $10,260,000 List Date: 7/12/2023 Last Modified: 3/02/2026

Overview

Description

Nestled under beautiful Oak Trees and a hidden gem of a previously mined pond, lies approximately 108 acres only 12 minutes from the heart of downtown Wilmington. With new development being built all around, this property is located beside one of the largest growing towns of Leland North Carolina and only 1/4 mile to the I-140 Bypass. This property is also located in an opportunity zone possibly offering tax discounts and deferrals. Currently zoned heavy industrial but could possibly be rezoned to become a developers dream with the 6 acre pond perfect for a dock and clubhouse. Davis Creek boundaries the back portion of the property which gives easy access to the Cape Fear River. Property could be great for apartments, retail space, or a housing development. Navassa city boat ramp is also located in between the properties on Davis Drive. Easily tie into water and sewer as water and sewer are already to the adjacent property on Cedar Hill Road.

Listing Details MLS# 100394146

Contract Info

Delayed Marketing?
No
Marketing Start Date
2023-07-12
Sub-Type
Undeveloped
Auction
No
Listing Price
10260000
List Price/Acre
95000
Stipulation of Sale
Standard

Location Information

Street Name
Cedar Hill
Street Suffix
Road
Post Direction
NE
County
Brunswick
State/Province
NC
Zip Code
28451
City Limits
No
Marketing City
Navassa
Subdivision
Not In Subdivision
Secondary Subdivision
N/A

Remarks and Showing

Directions to Property
From Downtown Wilmington take 421/US 74E to merge onto I-140 to Cedar Hill Road Exit, follow to David Creek Drive or take US-17S to Southport/Oak Island/Leland exit, keep right follow signs for Navassa/Leland on Village Road NE, right on S. Navassa Road to Cedar Hill Road to right on Davis Creek Road.
Sign on Property
Yes

Property Exterior Info

Acres - Total
108
Lot SqFt
4704480
Deed Restriction
Yes
Total Road Frontage
2800
Waterfront
No
Waterview
Yes
Location Type
Mainland

Legal and Taxes

Tax Assessed Value
1923900
Deed Book
284
Deed Page
662
Legal
O CEDAR HILL RD. NE.
Broker Owner
No
PID
02400003
Tax Identifier
02400003
Total Real Estate Property Taxes
13943.39
Special Assessments
none
Tax Year
2022
Zoning
NA-HI
Cobra Zone
No
School District
Brunswick County Schools
Elementary School
Lincoln
Middle School
Leland
High School
North Brunswick
Plat Book
No
Plat Page
No

Current Use

Vacant
Yes

More Information

Bldgs on Property

None
Yes

HOA and Neigh Amenities

No Amenities
Yes

Soil Evaluation

Soil Evaluation - No
Yes

Frontage Type

Creek
Yes
Pond Front
Yes

View Type

Creek/Stream
Yes
Pond
Yes
Water
Yes

Topography

Cleared/Partial
Yes
Level
Yes
Sloped
Yes
Undeveloped
Yes
Wooded
Yes

Lot Water Features

None
Yes

Terms

Cash
Yes
Conventional
Yes

Fuel Tank

None
Yes

Environmental Hazard

Unknown
Yes

Lot Description

Wooded
Yes

Lot Features

Open Lot
Yes
Partially Cleared
Yes

Road Type/Frontage

Public (City/Cty/St)
Yes

Property Features

Current Use: Vacant Bldgs on Property: None Soil Evaluation: Soil Evaluation - No Frontage Type: Creek; Pond Front Topography: Cleared/Partial; Level; Sloped; Undeveloped; Wooded View Type: Creek/Stream; Pond; Water Fuel Tank: None Environmental Hazard: Unknown Lot Features: Open Lot; Partially Cleared Lot Water Features: None HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional
Listing Office: Wicker Properties of the Carolinas, Inc.
IDX
Last Updated: March - 02 - 2026
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