$4,200,000
$4,100,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
72 Acres Lot
SOLD DATE : 06/21/2023
Key Details
Sold Price $4,200,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100226913
Sold Date 06/21/23
HOA Y/N No
Originating Board North Carolina Regional MLS
Lot Size 72.000 Acres
Acres 72.0
Lot Dimensions variable
Property Description
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!
Location
State NC
County Brunswick
Community Not In Subdivision
Zoning NA-HI
Direction From Downtown Wilmington take 421/US 74E to merge onto I-140 to Cedar Hill Road Exit, follow to David Creek Drive or take US-17S to Southport/Oak Island/Leland exit, keep right follow signs for Navassa/Leland on Village Road NE, right on S. Navassa Road to Cedar Hill Road to right on Davis Creek Road.
Location Details Mainland
Rooms
Other Rooms None
Exterior
Waterfront Description None,Creek
View Creek/Stream, Pond, Water
Building
Lot Description Partially Cleared, Open Lot, Wooded
Others
Tax ID 02400003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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