Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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