6 Paddington Way Trent Woods, NC 28562
This 0.34-acre commercial land parcel, located at 6 Paddington Wy in Trent Woods, North Carolina (zip code 28562), presents a unique investment opportunity. Currently zoned for residential use under APN 8-203-9-006, this property is part of the Village on Canterbury development, featuring 27 lots approved for single-family homes. The asking price is $85,000. While currently zoned residential, its commercial subtype designation suggests potential for future development or rezoning. The property is situated in an established community, offering the benefits of "Front Porch Living" in the heart of Trent Woods. Prospective buyers should note that the development has minimum building requirements, including a minimum heated square footage of 1600 and the mandate for 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 listed tax amount for the vacant land is an estimate based on the current tax value. This property offers a compelling opportunity for investors seeking land in a desirable, established community with potential for future development. Further inquiries regarding zoning and development possibilities should be directed to the relevant local authorities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.