Property profile

10 Paddington Way Trent Woods, NC 28562

OFF-MARKET
Land
0.19 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.19 ac (8,276 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10 Paddington Way Trent Woods, NC 28562
Trent Woods metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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