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    Cedar Hl Rd NE Navassa, NC 28451

    For Sale
    $10,260,000

    LAND - Navassa, NC

    Lot size:
    108.00 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 8 at 6:06 am

    Property Features for Cedar Hl Rd NE

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    NA-HI
    APN
    02400003
    Lot size
    108.00 Acres

    Wicker Properties of the Carolinas Inc. (910) 686-5588 [email protected]

    Listing agent Shelly W Wagner (910) 686-5588 License #274086

    Listing date Nov 20, 2025

    MLS# 100394146 Listing URL

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    108 Acres Heavy Industrial Land

    This property features approximately 108 acres of land situated near Leland, North Carolina, and approximately 12 minutes from downtown Wilmington. The site includes oak trees and a pond that was previously mined. Located a quarter mile from the I-140 Bypass, the property is positioned in an area with new development. It is located in an opportunity zone, potentially offering tax discounts and deferrals. Zoned heavy industrial, the property could potentially be rezoned. Davis Creek borders the back of the property, providing access to the Cape Fear River. Water and sewer connections are available to the adjacent property on Cedar Hill Road. The Navassa city boat ramp is located between the properties on Davis Drive. Potential uses include apartments, retail space, or a housing development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Navassa
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.002395
    Latitude
    34.26399

    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
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    • $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
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    FAQs

    What type of property is this?
    Commercial land - 108 acres of heavy industrial land near Wilmington, NC.
    Where is this commercial land located?
    The property is located at Cedar Hl Rd 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 only 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, potentially offering tax discounts and deferrals.
    (910) 686-5588
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    Cedar Hl Rd NE 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
    Cedar Hl Rd NE Navassa, NC 28451
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