5.5 acres on I -89

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 29946457
Property Subtypes: Office, Retail, Retail-Pad, Self Storage
Status: Pending/Contingent
Gross Land Area: 5 - 6 Acres
Sale Price: $495,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2022

Overview / Comments

TAKING BACK UP OFFERS. Commercial vacant land site borders I-89 at intersection of I-89 and I-91. Join hotels, auto dealerships and VA hospital. Most uses allowed. Town w/s on site. Entrance on Rt. 5. Approx 6 acres total with approx. 3 useable. Wetlands mapped and approved. I-89 Frontage and visibility (northbound lane). Owner states $200k in site improvements and engineering. Approx. 1 ac is ready to build with pad, utilities stubbed to site, and fresh paved parking lot for approx. 80 cars.. Designated "Growth Center" by VT for potentially lesser Act 250 review process. Sale subject to final subdivision, mutual easements.
possible further subdivision.

Additional Details

Nearest MSA: Claremont-Lebanon
County: Windsor
Tax ID/APN: 44-16 and part of 44-17
Property Visibility: Excellent
Legal Description: subject to subdivision
Largest Nearby Street: Rt 5
Feet of Frontage: 500
Traffic/Vehicle Count: 30,000
Highway Access: 1/4 mile to ramp
Airports: Lebanon Regional- 2 miles
Site Description: mostly level open field high visibility to I-89, some wetlands. possible expansion of uplands call for details.
Area Description: area of hotels and auto dealers.
Lot Frontage: 50
Zoning Description: commercial retail and Ind. uses, see zoning attached.
In Flood Plain?: Yes
Topography: Gently Sloping
Easements: Ingress/Egress, Utilities
Easements Description: shared access with Jasmine Auto
Soil Type: Mixed
Available Utilities: Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,654 10,552 28,449
Median Age: 41.41 42.88 36.95
Households: 781 4,948 11,145
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