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    Cedar Hill Rd Leland, NC 28451

    Sponsored
    For Sale
    $10,260,000

    Prime Industrial Land Near Wilmington

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 108-acre industrial land parcel presents a compelling investment opportunity in Navassa, North Carolina. Situated just 12 minutes from downtown Wilmington and a quarter-mile from the I-140 Bypass, this property enjoys unparalleled access to major transportation arteries. The land is currently zoned for heavy industrial use, but its potential extends far beyond this, offering possibilities for diverse development projects, including residential, retail, or mixed-use developments. A significant feature is a six-acre pond, ideal for incorporating recreational amenities such as a dock and clubhouse. The property's proximity to the rapidly growing town of Leland, NC, further enhances its value. Located in an Opportunity Zone, this land may qualify for tax benefits. Davis Creek borders the rear of the property, providing convenient access to the Cape Fear River. Existing water and sewer infrastructure on an adjacent property simplifies utility connections. The property's natural beauty, highlighted by mature oak trees, adds to its appeal. While the exact acreage and road frontage will be confirmed by survey, this offering presents a rare chance to acquire a substantial tract of land in a high-growth area. The Navassa city boat ramp is conveniently located nearby.

    Property Features for 0 Cedar Hill Rd

    General Information

    Property type
    Land
    Lot Size
    4,704,480 SF

    HighLights

    • $10,260,000 asking price for 108 acres of industrial land.
    • Located in Navassa, NC, near Leland and Wilmington, with easy access to I‑140.
    • Zoned NA‑HI, offering potential for rezoning and development opportunities.
    • $95,000 per acre land value.
    • Features a 6‑acre pond and proximity to Davis Creek and the Cape Fear River.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0321109
    Latitude
    34.2861604

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land Near Wilmington
    Where is this land located?
    The property is located at Cedar Hill Rd Leland, 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: $10,260,000 asking price for 108 acres of industrial land.; Located in Navassa, NC, near Leland and Wilmington, with easy access to I-140.; Zoned NA-HI, offering potential for rezoning and development opportunities.
    Request Owner's contact information
    Cedar Hill Rd Leland, NC 28451
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    Leland, 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 Hill Rd Leland, NC 28451
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