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    Quality Dr NE Navassa, NC 28451

    For Sale
    $8,500,000

    LAND - Navassa, NC

    Lot size:
    59.00 Acres
    Days on Market:
    164
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for Quality Dr NE

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    NA-IH
    APN
    03000006
    Lot size
    59.00 Acres

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Intracoastal Realty Corp (800) 533-1840

    Listing agent Harry M Knight (910) 256-4503 License #290777

    Listing date Jun 25, 2025

    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

    Navassa Land with River Frontage

    This 59-acre property consists of two adjacent parcels located in Navassa, Brunswick County, North Carolina. Situated within a Federally Designated Economic Opportunity Zone, the land offers significant potential for development. It features over a thousand feet of frontage on the Cape Fear River, providing deep water access (approximately 28 feet deep) and an existing docking system that may be restorable. The property is suitable for barge shipping to the Port of Wilmington. CSX Rail runs along the property line, with right of way and spur leases maintained. Deeded highway access is available along Cedar Hill Road and Quality Drive, offering convenient proximity to the Cape Fear bridge and I-140 bypass. The site is adjacent to the PACON Facility (formerly Rampage Boat Factory). Public water, sewer, and natural gas are accessible within several hundred feet of the property line. The property is well-suited for light manufacturing or a material handling facility, with quick access to downtown Wilmington, ILM Airport, and the Port of Wilmington via truck, rail, or barge. This property was formerly the Estech Manufacturing Facility.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Navassa
    County
    Brunswick
    State
    North Carolina
    Longitude
    -77.99107
    Latitude
    34.259626

    Nearby Similar for Sale

    • $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?
    Manufacturing property - 59 acres on Cape Fear River, Economic Opportunity Zone.
    Where is this manufacturing property located?
    The property is located at Quality Dr NE Navassa, NC.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: - Deep water access (approximately 28 feet) on the Cape Fear River with over a thousand feet of river frontage and potential for restoring an old docking system, enabling barge shipping to the Port of Wilmington.; - Located within a Federally Designated Economic Opportunity Zone on 59 acres across two parcels.; - CSX Rail access on the property line with maintained right of way and spur leases.
    (910) 256-4503
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    Quality Dr 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

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    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
    Quality Dr NE Navassa, NC 28451
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