19.43 +/- Ac. Gateway Parcel to Rutland, Vermont

Vacant Land for Sale
Catylist Listing ID: 30871903
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 19.43 Acres
Sale Price: $2,700,000
Unit Price: $138,960 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2024

Overview / Comments

This gateway parcel is one of the most visible properties in Vermont. Located in the Town of Rutland which does not have local zoning but does have access to needed infrastructure such as municipal sewer & water and power, etc. Both residential and commercial uses of the property are allowed with State Land Use Permits. Access is at a traffic-controlled intersection on Route 7, Vermont’s only highway on the west side of Vermont. Traveling north to south form the Canadian border to the New York City area. The frontage on Route 4, a major highway connecting Vermont to upstate New York and New Hampshire, adds to its unique position in the market. Killington Ski Resort and Okemo Ski Resort contribute to a strong retail, lodging and restaurant market. While the railroad, trucking and industrial base provide for a strong economic base. The Rutland area is considered to be Vermont’s up and coming regions and the second largest market in Vermont.

Attachments & Media

Additional Details

Nearest MSA: Rutland
County: Rutland
Tax ID/APN: 543-171-10657
Zoning: NONE
Property Located Between: Route 7 South & Route 4 West
Property Visibility: Excellent
Feet of Frontage: 1,300
Traffic/Vehicle Count: 19,551
Site Description: Zoning: None Lot Size Acres: 19.43 Road Frontage Length: 1300 Feet Water & Sewer: Available for hookup at street Area Description: Business District, In Town, Near Shopping, Other, Rural, Near Hospital Traffic Count: 19,551
Lot Frontage: 1300
Zoning Description: None
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,076 18,034 26,103
Median Age: 40.52 43.94 44.88
Households: 469 8,106 11,510
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