Property profile

13 Paddington Way Trent Woods, NC 28562

OFF-MARKET
Land
0.21 ac lot
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Property summary

AI-generated overview

Exceptional opportunity to acquire a 0.21-acre commercial land parcel in the desirable Trent Woods, North Carolina, located at 13 Paddington Wy, 28562. This property, identified by APN 8-203-9-013, is zoned for residential use, presenting a unique investment prospect. The asking price is $80,000, translating to a land value of $380,952.38 per acre. Situated within the Village on Canterbury development, this lot is one of 27 approved for single-family homes, offering a chance to build custom homes in an established community. The development mandates a minimum heated square footage of 1600 and includes a rear property line with a 5' setback featuring a white vinyl privacy fence installed by the developer. Note that a fence gate and drainage easement exist between lots 12 and 13. 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 dues to be determined. The annual tax estimate is based on the current vacant property tax value. This property presents a compelling investment opportunity in a sought-after location.

Property profile

Verified
Property type Land
Lot 0.21 ac (9,148 SF)

Cap rate & NOI

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

Location

13 Paddington Way Trent Woods, NC 28562
Trent Woods metro
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Value estimations

Realmo proprietary · 4 methods
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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
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