Property profile

20 Paddington Way Trent Woods, NC 28562

OFF-MARKET
Land
0.2 ac lot
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Property summary

AI-generated overview

This exceptional 0.2-acre commercial land parcel presents a unique investment opportunity in the desirable Trent Woods, North Carolina. Located at 20 Paddington Way, this property (APN 8-203-9-020) is priced at $87,000, representing a land value of $435,000 per acre. Situated within the Village on Canterbury development, this lot offers a tranquil pond view and is approved for single-family home construction, adhering to community guidelines. The development features 27 lots designed for custom-built homes, creating a cohesive and established neighborhood. Minimum heated square footage for any built home is 1600 square feet. Prospective buyers should note a drainage easement between lots 20 and 21. All homes in the development are required to utilize 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. Annual property taxes are estimates based on the current vacant land tax assessment. This property offers a blend of established community living and the potential for new construction, making it an attractive investment in a sought-after location. The property's address is 20 Paddington Wy, Trent Woods, NC 28562.

Property profile

Verified
Property type Land
Lot 0.2 ac (8,712 SF)

Cap rate & NOI

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

Location

20 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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