Property profile

4 Paddington Way Trent Woods, NC 28562

OFF-MARKET
Land
0.32 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.32 ac (13,939 SF)

Cap rate & NOI

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

Location

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

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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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