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Listing ID: 100226913
Sold For: $4,200,000
Status: Closed
Sold Date: 6/21/2023
Address: 0000 Cedar Hill Road NE
City: Navassa
State: North Carolina
Postal Code: 28451
SqFt: 3,136,320
Acres: 72
County: Brunswick
Subdivision: Not In Subdivision
Navassa
NC
28451
Nestled under beautiful Oak Trees and a hidden gem of a previously mined pond, lies 180 approximate acres only 12 minutes from the heart of downtown Wilmington. Located beside the largest growing town of Leland in North Carolina. With a new outer loop of I 140 1/4 of a mile from the interchange. This property is also located in an opportunity zone offering tax discounts and deferrals. A developers dream with a 6 acre pond perfect for a dock and clubhouse. 64 acres cleared, graded and has 8000+ sq yards of topsoil. (approximately $2,000,000) worth of investment already in place for clearing and grading of the property! Davis Creek runs along the entirety of the property which gives easy access to the Cape Fear River. Property could be great for apartments, retail space, and housing development. Has a city boat ramp in between the properties which total the approximate 195 acres to be determined by a survey. Close to the property is a wonderful public park offering a baseball field, basketball court, tennis court, picnic area and more. Easily tie into water and sewer!

Primary Features

County: Brunswick
Property Type: Land
Sold Date: 2023-06-21T00:00:00+00:00
Sold Price: $4,200,000
Subdivision: Not In Subdivision
Zoning: NA-HI

External Features

Buildings on Property: None
Environmental Hazard: Unknown
Fuel Tank: None
Lot Description: Open, Partially Cleared, Wooded
Lot Dimensions: variable
Lot Water Features: None
Road Type/Frontage: Public (City/Cty/St)
Total Road Frontage: 400
Waterfront: no
Waterview: yes

Location Information

City Limits: no
Cobra Zone: no
Elementary School: Lincoln
High School: North Brunswick
Location Type: Mainland
Marketing City: Navassa
Middle School: Leland
School District: Brunswick
Secondary Subdivision: N/A
Topography: Cleared/Partial, Level, Sloped, Undeveloped, Wooded

Additional

HOA: no
HOA Amenities: No Amenities

Financial Details

Auction: no
Deed Restriction: Yes
List Price/Acre: 56944.44
Possession: At Closing
Soil Evaluation: Soil Evaluation - No
Special Assessments: none
Stipulation of Sale: None
Tax Assessed Value: 1953700
Tax Year: 2019
Terms: Cash, Conventional

Zoning Info


Listing courtesy of Wicker Properties of the Carolinas, Inc..

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of Thursday, March 28th, 2024 at 01:07:01 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Neither listing broker(s) nor Coldwell Banker Sea Coast Advantage shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 North Carolina Regional MLS LLC.
#IDX-primaryPhoto,#idx-details-header Listed by: Wicker Properties of the Carolinas, Inc. (919) 320-6039

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