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: |
4/26/2024 |
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.
|
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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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