10 Paddington Way Trent Woods, NC 28562
This exceptional 0.19-acre commercial land parcel is situated in the desirable Trent Woods, NC, at 10 Paddington Way, zip code 28562. Located in Craven County, this property (APN 8-203-9-010) presents a unique investment opportunity, priced at $80,000, translating to $421,052.63 per acre. While currently vacant, the land is part of the Village on Canterbury development, featuring 27 lots approved for single-family homes, suggesting strong potential for future development. The property is subject to a minimum 1600 square foot heated space requirement for any future construction. A rear property line (5' setback) will include a white vinyl privacy fence installed by the developer. All homes within the development are required to have natural gas tankless water heaters (or equivalent connection) serviced by Piedmont Natural Gas. Note that the annual tax amount is an estimate based on the current tax value of the vacant property. Pre-construction HOA dues are $50 per month, billed quarterly, with final dues to be determined.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.