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59 Acres Cape Fear Riverfront Land
For Sale
$8,500,000

00 Quality Drive Ne, Navassa, NC 28451

59 acres on Cape Fear River with deep water access.

Property SizeContact for details
Lot Size59.00 Acres
Days on Market423

Property Features for 00 Quality Drive Ne

General Information

Standard status Active
Lot size 59.00 Acres
Property subtype Land or Vacant Lot

Amenities

Wooded
Listing Agency: INTRACOASTAL REALTY CORP
Listed By: HARRY M KNIGHT · License #290777
Source: Corcoran
Added: Jun 25, 2025 Changed: Aug 18 Last Checked: Aug 20 at 4:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INTRACOASTAL REALTY CORP

Investment Insights

Based on property information with market context.

This property consists of 59 total acres across two adjacent parcels located along the Cape Fear River. It is situated within a Federally Designated Economic Opportunity Zone and is adjacent to the PACON Facility (formerly Rampage Boat Factory). The property benefits from deeded highway access along Cedar Hill Road and Quality Drive, offering convenient proximity to the Cape Fear bridge and I-140 bypass. It features over a thousand feet of Cape Fear River frontage with deep water access, approximately 28 feet deep, and an old docking system access that potentially can be restored. The site is barge shipping capable to the port of Wilmington. CSX Rail is present on the property at the property line boundary, with right of way and spur leases maintained. The property is well suited for light manufacturing or a material handling facility. It offers quick access to downtown Wilmington, ILM Airport, and the Port of Wilmington via truck, rail, or barge. Public water, sewer, and natural gas are available within several hundred feet of the property line. This property was formerly the Estech Manufacturing Facility.

Key Highlights

  • 59 acres of land with over 1,000 feet of Cape Fear River frontage and deep water access (approximately 28 feet deep).
  • Barge shipping capability to the Port of Wilmington.
  • Located within a Federally Designated Economic Opportunity Zone.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Storage Facility Carpet & Flooring Store Big Box & Wholesale Store Home Appliance Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19
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
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Frequently Asked Questions

What type of property is this?
Industrial property - 59 acres on Cape Fear River with deep water access.
Where is this industrial property located?
The property is located at 00 Quality Drive 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: 59 acres of land with over 1,000 feet of Cape Fear River frontage and deep water access (approximately 28 feet deep).; Barge shipping capability to the Port of Wilmington.; Located within a Federally Designated Economic Opportunity Zone.
More about this property
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