Property profile

26 Paddington Way Trent Woods, NC 28562

OFF-MARKET
Land
0.19 ac lot
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Property summary

AI-generated overview

This 0.19-acre commercial land parcel, located at 26 Paddington Way in Trent Woods, North Carolina (zip code 28562), presents a unique investment opportunity. Currently zoned for residential use, this property is part of the Village on Canterbury development, featuring 27 lots approved for single-family homes. The lot boasts a picturesque backyard pond view, offering a tranquil setting for future construction. Note that a drainage easement exists between this lot (Lot 26) and Lot 27. The property's APN is 8-203-9-026. The asking price is $87,000. While the development mandates a minimum heated square footage of 1600 for any constructed homes, this allows for substantial buildable space. All homes within the development are required to utilize natural gas tankless water heaters (or equivalent connection) serviced by Piedmont Natural Gas. Please be aware that the provided tax value and annual property tax figures are estimates. This exceptional location in the established Trent Woods community offers a rare chance to build custom homes in a desirable setting. This property is ideal for developers or investors seeking a foothold in a thriving residential area.

Property profile

Verified
Property type Land
Lot 0.19 ac (8,276 SF)

Cap rate & NOI

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

Location

26 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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