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    OFF-MARKET
    Land

    4 Paddington Way, Trent Woods, NC 28562

    0.32 ac lot
    Property ID
    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
    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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