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    OFF-MARKET
    Land

    4 Paddington Way, Trent Woods, NC 28562

    0.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.48-acre commercial land parcel is situated in the desirable Trent Woods, North Carolina, specifically at 4 & 5 4 & 1/2 of 5 Paddington Way, zip code 28562. Located in Craven County, this property presents a unique investment opportunity. Currently zoned residential, it's part of the Village on Canterbury development, featuring 27 lots approved for single-family homes. This listing encompasses 1.5 lots, providing ample space for a substantial custom-built home, exceeding the minimum 1600 heated square feet requirement. The lots have already been divided, with the sale including PID 8-203-9-004 and 8-203-9-28001. The property is connected to Piedmont Natural Gas, mandating natural gas tankless water heaters (or equivalent) for all homes built. Pre-construction HOA dues are $50 per month, billed quarterly. Post-construction HOA dues are yet to be determined. The asking price for this remarkable opportunity is $127,500. Note that the tax value is an estimate based on current vacant land assessments. This is a rare chance to build a custom home in an established community, offering the benefits of "Front Porch Living" in the heart of Trent Woods.

    Property profile
    Verified
    Property type Land
    Lot 0.48 ac (20,909 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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