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    OFF-MARKET
    Land

    3 Paddington Way, Trent Woods, NC 28562

    0.31 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 0.31 ac (13,504 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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