Undeveloped at 0 Cedar Hill Road NE, Navassa, NC 28451
Undeveloped at 0 Cedar Hill Road NE, Navassa, NC 28451, photo 2 of 7
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7 photos

$10,260,000

0 Cedar Hill Road NE, Navassa, NC 28451
Navassa, NC 28451
Listed by Shelly W Wagner · Wicker Properties of the Carolinas, Inc.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS
Hive MLS
MLS #
100394146
Property type
Undeveloped
Subdivision
Not In Subdivision
Status
Active
Days on market
1193
On market date
July 12, 2023
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
108 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Lincoln Elementary
2.32 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
643
Student:teacher ratio
14.3:1
District
Brunswick County Schools
Middle
Leland Middle
2.61 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
787
Student:teacher ratio
16.4:1
District
Brunswick County Schools
High
Brunswick County Early College
20.3 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
365
Student:teacher ratio
33.2:1
District
Brunswick County Schools

Walkability

Blended score for Navassa's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

13
Very car-dependent
out of 100
EPA National Walkability Index
2.5 / 20 -- Least walkable

Market position

How this listing compares to current activity in Navassa, from live MLS data.

On the market 1193 days -- 1008 more days than Navassa's current average of 185 days.
For reference, the median list price across 29 active listings in Navassa right now is $399,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$61,937/mo
$2,052,000 down
$8,208,000 loan
Principal & interest$53,237
Property tax (est.)$8,550
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.