Property profile

0 Cedar Hill Rd Leland, NC 28451

OFF-MARKET
Land
108 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 108 ac (4,704,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Cedar Hill Rd Leland, NC 28451
Leland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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