PROPERTY FOR SALE: Road Access and Potential Rail, River Access
We invite you to submit a bid to purchase ±87 acres of undeveloped property located on the Brunswick River in Navassa, North Carolina. The Multistate Trust-owned property is an idyllic wooded property, situated just 7.5 miles from the Port of Wilmington, 10 miles from Wilmington International Airport, and 3 miles from the new Interstate Highway 140 interchange. Located in a Qualified Opportunity Zone, it is one of the largest properties available for sale and development near Wilmington. With highway, surface road, and the potential for rail and river access, the property offers a unique opportunity for commercial, light industrial, recreational, and/or residential development in Brunswick County, one of the fastest growing counties in the United States.
In addition to the ±87 acres that are currently for sale, bidders may also propose to purchase an adjacent ±4-acre parcel with potential access to the Brunswick River and may seek to obtain a right of first offer to purchase an adjacent 32-acre area, once the environmental cleanup on that property is complete.
Please read the Notice of Invitation to Bid and all exhibits and attachments carefully. To ensure the future use of the property is consistent with Town of Navassa and community priorities, all Bidders must submit specific and detailed information about its proposed future use of the property.
Exhibit A. Offer to Purchase the Main Property and, if applicable, the Water Access Property in the Amount of the Bid
Exhibit B. Escrow Agreement
Exhibit C. Statement of Bidder's Qualifications
Exhibit D. Authorization Form
Exhibit E. Confidentiality Agreement
Exhibit F. Form of Purchase and Sale Agreement
Exhibit G. Right of First Opportunity to Purchase Operable Unit 4 Form