4 Paddington Way, Trent Woods, NC 28562
This exceptional 0.32-acre commercial land parcel presents a unique investment opportunity in the desirable Trent Woods, North Carolina community. Located at 4 Paddington Wy # Lot 4 (APN 8-203-9 -004), this property is zoned for residential use, offering potential for development of single-family homes within the established Village on Canterbury. The development features 27 lots approved for construction, creating a thriving neighborhood. This particular lot is part of a planned community with amenities and is subject to a pre-construction HOA fee of $50 per month (billed quarterly). Final HOA dues are yet to be determined. The minimum heated square footage for homes built on this lot is 1600 square feet. All homes are required to have natural gas tankless water heaters (or equivalent connection) serviced by Piedmont Natural Gas. The asking price is $85,000, representing a price per acre of $265,625. Note that an adjacent half-lot is available for purchase, creating a combined offering of $127,500. The estimated tax amount is based on the current county tax value. This property offers a compelling opportunity for builders and investors seeking to capitalize on the growing Trent Woods market. The property's location in Craven County, NC, zip code 28562, provides convenient access to local amenities and infrastructure.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.