Property summary
This exceptional 0.51-acre commercial land parcel presents a unique investment opportunity in the desirable Trent Woods, North Carolina. Located at 6 & 5 6 & 1/2 of 5 Paddington Way, this property, identified by APN numbers 8-203-9-004 and 8-203-9-005, is zoned for residential use, offering significant potential for development. The land is already divided, providing convenience and flexibility for future projects. Situated in Craven County, NC, zip code 28562, this lot benefits from its location within the established Village on Canterbury development, a community featuring 27 lots approved for single-family homes. The asking price is $127,500, representing a price per acre of $250,000. While currently zoned residential, the commercial designation opens doors to various possibilities. The property's proximity to amenities and its position within a thriving community make it an attractive proposition for investors seeking a strong return. Note that pre-construction HOA dues are $50 per month, billed quarterly. Final HOA dues will be determined post-construction. Minimum heated square footage for any built homes is 1600 square feet. All homes must utilize natural gas tankless water heaters (or equivalent connection) with service provided by Piedmont Natural Gas. The tax value provided is an estimate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight