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: 12/30/2024

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.

More Information MLS# 100394146

Contract Info

Delayed Marketing?: No Sub-Type: Undeveloped Auction: No List Price/Acre: 95000 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2023-07-12 Listing Price: 10260000 Current Price: $10,260,000

Location Information

City Limits: No Marketing City: Navassa Secondary Subdivision: N/A Street Name: Cedar Hill Street Suffix: Road Post Direction: NE County: Brunswick State/Province: NC Zip Code: 28451 Subdivision: Not In Subdivision Geo Lat: 34.26399 Geo Lon: -78.002395

Remarks and Showing

Sign on Property: Yes 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.

Property Exterior Info

Acres - Total: 108 Lot SqFt: 4704480 Deed Restriction: Yes Waterfront: No Total Road Frontage: 2800 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 Plat Book: 0 Plat Page: 0 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

Current Use

Vacant: 1

Bldgs on Property

None: 1

HOA and Neigh Amenities

No Amenities: 1

Soil Evaluation

Soil Evaluation - No: 1

Frontage Type

Creek: 1 Pond Front: 1

View Type

Creek/Stream: 1 Pond: 1 Water: 1

Topography

Cleared/Partial: 1 Level: 1 Sloped: 1 Undeveloped: 1 Wooded: 1

Lot Water Features

None: 1

Terms

Cash: 1 Conventional: 1

Fuel Tank

None: 1

Environmental Hazard

Unknown: 1

Lot Description

Open Lot: 1 Partially Cleared: 1 Wooded: 1

Road Type/Frontage

Public (City/Cty/St): 1

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 Description: Open Lot; Partially Cleared; Wooded Lot Water Features: None HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional
Listing Office: Wicker Properties of the Carolinas, Inc.
IDX
Last Updated: December - 30 - 2024
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