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108 Acres Heavy Industrial Land
For Sale
$10,260,000

Cedar Hill Road NE, Navassa, NC 28451

Land, Navassa, NC

Property SizeContact for details
Lot Size108.00 Acres
Days on Market1137

Property Features for Cedar Hill Road NE

General Information

Property type Land
Property subtype Other
Zoning NA-HI
Subdivision Not In Subdivision
Lot features Open Lot, Partially Cleared, Wooded
View Water
Elementary school Lincoln
Middle school Leland
High school North Brunswick
High school district Brunswick County Schools
Directions 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.
Standard status Active
APN 02400003
Lot size 108.00 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description O CEDAR HILL RD. NE.
Tax Annual Amount 13943
Legal Description O CEDAR HILL RD. NE.
Listing Agency: Wicker Properties of the Carolinas, Inc.
Listed By: Shelly W Wagner · License #274086
Added: Jul 12, 2023 Changed: Aug 20 Last Checked: Aug 21 at 12:06AM
MLS# 100394146

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.

Investment Insights

Based on property information with market context.

This property features approximately 108 acres of land situated near Leland, North Carolina, and a quarter mile from the I-140 Bypass. The site includes a previously mined pond and is bordered on the back portion by Davis Creek, providing access to the Cape Fear River. Water and sewer connections are available to the adjacent property on Cedar Hill Road. The property is currently zoned for heavy industrial use but offers potential for rezoning to accommodate development, with the existing 6-acre pond suitable for a dock and clubhouse. Located in an opportunity zone, the property may qualify for tax discounts and deferrals. The Navassa city boat ramp is located in between the properties on Davis Drive. Potential uses include apartments, retail space, or a housing development.

Key Highlights

  • 108 acres located just 12 minutes from downtown Wilmington.
  • Located beside Leland, one of the largest growing towns in North Carolina, and only 1/4 mile to I‑140 Bypass.
  • Located in an opportunity zone possibly offering tax discounts and deferrals.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 28451, NC

39,025
Population
19,672
Households
2
Avg Household Size
48
Median Age
34%
College-Educated
92%
High-School Grad
172.2 sq mi
ZIP Area
227
Density / Sq Mi
$77,380
Median Household Income
$41,164
Median Earnings
$1,465
Median Rent
$315,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 108 acres of heavy industrial land near Wilmington, NC.
Where is this industrial land located?
The property is located at Cedar Hill Road NE Navassa, NC.
What is the asking price?
The asking price for this property is $10,260,000.
What are key features of this property?
This property features: 108 acres located just 12 minutes from downtown Wilmington.; Located beside Leland, one of the largest growing towns in North Carolina, and only 1/4 mile to I‑140 Bypass.; Located in an opportunity zone possibly offering tax discounts and deferrals.
More about this property
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