22 Paddington Way Trent Woods, NC 28562
- Land
- 0.20 lot acres
Current Use by Public Records
- Land
Property Details for 22 Paddington Way
- Lot size
- 0.20 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trent Woods
- County
- Craven
- State
- North Carolina
- Longitude
- -77.0809
- Latitude
- 35.0864
