Property profile

6 Paddington Way Trent Woods, NC 28562

OFF-MARKET
Land
0.34 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.34 ac (14,810 SF)

Cap rate & NOI

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

Location

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

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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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