7 Paddington Way Trent Woods, NC 28562

This exceptional 0.34-acre commercial land parcel is situated in the desirable Trent Woods, North Carolina, at 7 Paddington Way, zip code 28562. Located in Craven County, this property (APN 8-203-9-007) is zoned for residential use, presenting a unique opportunity for development. The asking price is $85,000, translating to a land value of $250,000 per acre. While currently zoned residential, its commercial subtype designation suggests potential for various commercial ventures. The property is part of the Village on Canterbury development, featuring 27 lots approved for single-family homes, indicating a strong established community. The marketing materials highlight the potential for custom-built homes, with a minimum heated square footage of 1600 square feet. All homes are required to have natural gas tankless water heaters (or equivalent connection) serviced by Piedmont Natural Gas. Pre-construction HOA dues are $50 per month, billed quarterly, with final HOA dues to be determined. The tax value of the vacant land is an estimate based on current tax assessments. This property offers a compelling investment opportunity in a thriving North Carolina community. Buyers are encouraged to conduct their own due diligence regarding zoning and development possibilities.