$10,260,000

Property 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.

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.

Property Features

  •  2022
  •  108
  •  4704480
  •  1
  •  Cash|Conventional
  •  O CEDAR HILL RD. NE.
  •  NA-HI
  • Exterior Features

  •  Open Lot|Partially Cleared|Wooded
  •  City Street|State Road
  •  Undeveloped
  •  Land
  • School Information

    • Leland
    Courtesy of Wicker Properties Of The Carolinas, Inc.

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    Brooke Powell

    912.272.7575
    Keller Williams Coastal Area Partners

    Cedar Hill Road
    Navassa, 28451

    $10,260,000
    Beds / Bath
    Sq. Feet
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    Cedar Hill Road
    Navassa, 28451

    $10,260,000
    Beds / Bath
    Sq. Feet
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