Property profile

22 Paddington Way Trent Woods, NC 28562

OFF-MARKET
Land
0.2 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.2-acre commercial land parcel, located at 22 Paddington Way, Lot 22, in Trent Woods, North Carolina (zip code 28562), presents a unique investment opportunity. Currently zoned for residential use, this property offers significant potential for various commercial ventures. The lot is part of the Village on Canterbury development, a planned community featuring 27 lots approved for single-family homes, suggesting a strong potential for future growth and development in the area. The asking price is $80,000, translating to a land value of $400,000 per acre. The property's APN is 8-203-9-022. While currently zoned residential, its commercial designation opens doors for a range of possibilities. The established community of Trent Woods provides a desirable location with existing infrastructure. Information on potential construction-to-permanent loan options and a list of approved builders is available. The development mandates a minimum heated square footage of 1600 for any constructed homes and requires natural gas tankless water heaters (or equivalent connection) serviced by Piedmont Natural Gas. Pre-construction HOA dues are $50 per month, billed quarterly. Final HOA dues are to be determined. Annual property taxes are estimates based on the current vacant land tax value. This property offers a compelling blend of location, potential, and value.

Property profile

Verified
Property type Land
Lot 0.2 ac (8,712 SF)

Cap rate & NOI

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

Location

22 Paddington Way Trent Woods, NC 28562
Trent Woods metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 22 Paddington Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message