3 Paddington Way, Trent Woods, NC 28562
This 0.31-acre commercial land parcel in Trent Woods, North Carolina (APN 8-203-9-003), is zoned for residential use and presents a unique investment opportunity. Located at 3 Paddington Wy, 28562, this property is part of the Village on Canterbury development, featuring 27 lots approved for single-family homes. The asking price is $85,000, translating to approximately $274,193.55 per acre. This development offers a rare chance to build custom homes within an established community. The minimum heated square footage for homes is 1600 square feet. All homes must include natural gas tankless water heaters (or equivalent connection) serviced by Piedmont Natural Gas. Pre-construction HOA dues are $50 per month, billed quarterly. Final HOA dues are to be determined. Note that the tax on vacant land is an estimate based on the current tax value. This property's prime location and potential for new construction make it an attractive investment. The latitude and longitude coordinates are 35.0868689, -77.0813818 respectively.
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
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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.