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:
8/17/2023
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
Status: Active
Effective Date: 2023-07-12
Delayed Marketing?: No
Delayed Marketing Date (DM): 2023-07-12
Sub-Type: Undeveloped
Auction: No
Listing Price: 10260000
Current Price: $10,260,000
List Price/Acre: 95000
Sub Agent Comm $/%: %
Buyer Agent Comm: 3
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
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
Geo Lat: 34.26399
Geo Lon: -78.002395
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
Elementary School: Lincoln
Middle School: Leland
High School: North Brunswick
Property Features
Current Use: Vacant
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Frontage Type: Creek Front; Pond Front
Topography: Cleared/Partial; Level; Sloped; Undeveloped; Wooded
View Type: Creek View; Pond View; Water View
Fuel Tank: None
Environmental Hazard: Unknown
Lot Description: Open; Partially Cleared; Wooded
Road Type/Frontage: Public (City/Cty/St)
Lot Water Features: None
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional
Listing Office: Wicker Properties of the Carolinas, Inc.
Last Updated: August - 17 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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