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    2 Cedar Hl, Unit 2 Navassa, NC 28451

    Sponsored
    For Sale
    Pending
    $5,850,000

    LAND - Navassa, NC

    Lot size:
    145.30 Acres
    Days on Market:
    14
    Last Refresh:
    Jan 11 at 12:06 am

    Property Features for 2 Cedar Hl

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    R-20
    APN
    0240000102
    Lot size
    145.30 Acres

    Utilities

    Water front
    1

    Intracoastal Realty Corp (800) 533-1840

    Listing agent Beatty Pittman Real Estate Team LLC (910) 256-4503 License #C37146

    Listing date Dec 29, 2025

    MLS# 100328380 Listing URL

    Copyright © 2026 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cape Fear Riverfront Land

    This spectacular 145.3-acre property is located in Navassa, Brunswick County, North Carolina, and sits directly on the Cape Fear River. The property is zoned R-20 and allows for 942 residential units. The on and off ramp for I-40 bypass is 700 ft. to the property. It is located just 4 miles to Downtown Wilmington from the new highway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Navassa
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.007611
    Latitude
    34.264511

    Nearby Similar for Sale

    • $8,500,000
      59.00 Acres

      Navassa Land with River Frontage

      59 acres on Cape Fear River, Economic Opportunity Zone.
      Quality Dr NE, Navassa, NC 28451
      View Details
    • $8,500,000
      59.00 Acres

      Waterfront Land in Opportunity Zone

      59 acres on Cape Fear River, deep water access.
      Quality Dr NE, Navassa, NC 28451
      View Details

    FAQs

    What type of property is this?
    Land - 145-acre property zoned for 942 residential units.
    Where is this land located?
    The property is located at 2 Cedar Hl, Unit 2 Navassa, NC.
    What is the asking price?
    The asking price for this property is $5,850,000.
    What are key features of this property?
    This property features: - 145 acres directly on the Cape Fear River; - Zoned for 942 residential units; - Immediate access to I-40 bypass (700 ft. to on/off ramp)
    (910) 509-1924
    Request Owner's contact information
    2 Cedar Hl, Unit 2 Navassa, NC 28451
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    Navassa, NC 28451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Cedar Hl, Unit 2 Navassa, NC 28451
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