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Property profile & analytics
OFF-MARKET
Land

6 Paddington Way Trent Woods, NC 28562

0.51 ac lot
Property ID
Property summary
AI-generated overview

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
Verified
Property type Land
Lot 0.51 ac (22,216 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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