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366 VT-15 6.65 Acres of Commercial Land Offered at $2,950,000 in Jericho, VT 05465



Executive Summary
Currently known as Old Mill Green, Millyard Village Phase I is an exciting new development project offered for sale in Jericho, VT. Bordered by VT Route 15, Park St., and River Street, Phase I provides a total of 6.65 acres, and includes a large restored Mill Building as a centerpiece. The project allows for 13 single family residential lots (Lots A6-A8, R1-R5, S1, and U1-U4), 10 residential units in the Mill Building (3, one bedroom and 7, two bedroom units) (Lot T1), and 5 commercial lots assuming 6 employees on each lot (Lots V1-V5 on the plan). The total septic system capacity for the leach field in the park area is 6,085 gallons per day. The Town of Jericho has been a part of the planning of this project, and supports the concept of creating a larger community within the area. Brown’s River Middle School, the Jericho Library and the Jericho Market are all a short walk away. Please see below for the details concerning approved and pending permits, as well as the few remaining permits required for the project to be shovel-ready. This is a wonderful example of the possibilities that strategic infill development can create by involving public and private partnerships.
Property Facts
| Price | $2,950,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 6.65 AC |
| Price | $2,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 6.65 AC |
1 Lot Available
Lot
| Price | $2,950,000 | Lot Size | 6.65 AC |
| Price Per AC | $443,609.02 |
| Price | $2,950,000 |
| Price Per AC | $443,609.02 |
| Lot Size | 6.65 AC |
1 1
Property Taxes
| Parcel Number | (103) VT366 | Improvements Assessment | $0 |
| Land Assessment | $1,158,200 | Total Assessment | $1,158,200 |
Property Taxes
Parcel Number
(103) VT366
Land Assessment
$1,158,200
Improvements Assessment
$0
Total Assessment
$1,158,200
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366 VT-15
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