0 Cedar Hill Road NE

Navassa, NC

Price $10,260,000
Acreage 108

Status: Active

MLS#: 100394146

Description

Nestled under beautiful Oak Trees and a hidden gem of a previously mined pond, lies approximately 108 acres only 12 minutes from the heart of downtown Wilmington. With new development being built all around, this property is located beside one of the largest growing towns of Leland North Carolina and only 1/4 mile to the I-140 Bypass. This property is also located in an opportunity zone possibly offering tax discounts and deferrals. Currently zoned heavy industrial but could possibly be rezoned to become a developers dream with the 6 acre pond perfect for a dock and clubhouse. Davis Creek boundaries the back portion of the property which gives easy access to the Cape Fear River. Property could be great for apartments, retail space, or a housing development. Navassa city boat ramp is also located in between the properties on Davis Drive. Easily tie into water and sewer as water and sewer are already to the adjacent property on Cedar Hill Road.
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