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108 Acres Heavy Industrial Land
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Cedar Hill Rd, Navassa, NC

108 acres of heavy industrial land near Wilmington.

Property SizeContact for details
Lot Size108.00 Acres
Days on Market1136

Property Features for Cedar Hill Rd

General Information

Standard status Active
Lot size 108.00 Acres
Property subtype LAND
Listing Agency: Wicker Properties
Listed By: James Wicker · License #233958
Source: Moodyscre
Added: Jul 12, 2023 Changed: Aug 9 Last Checked: Aug 20 at 1:59PM

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 Wicker Properties

Investment Insights

Based on property information with market context.

This property features approximately 108 acres located 12 minutes from downtown Wilmington. The land includes a previously mined pond and is situated near the growing town of Leland, North Carolina, and is a quarter of a mile from the I-140 Bypass. The property is located in an opportunity zone, potentially offering tax discounts and deferrals. Currently zoned heavy industrial, there is a possibility of rezoning. A 6-acre pond is present, potentially suitable for a dock and clubhouse. Davis Creek borders the back of the property, providing access to the Cape Fear River. The property could be suitable for apartments, retail space, or a housing development. The Navassa city boat ramp is located between the properties on Davis Drive. Water and sewer connections are available to the adjacent property on Cedar Hill Road.

Key Highlights

  • 108 acres, only 12 minutes from downtown Wilmington and adjacent to Leland, NC.
  • Located in an opportunity zone, potentially offering tax discounts and deferrals.
  • Convenient access due to its proximity to I‑140 Bypass (1/4 mile).

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

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?
Land - 108 acres of heavy industrial land near Wilmington.
Where is this land located?
The property is located at Cedar Hill Rd 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, only 12 minutes from downtown Wilmington and adjacent to Leland, NC.; Located in an opportunity zone, potentially offering tax discounts and deferrals.; Convenient access due to its proximity to I‑140 Bypass (1/4 mile).
(919) 770-1665 Call to check price and availability
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