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- LoopNet Team
500 US Route 7 S
Rutland Town, VT 05701
Land For Sale
·
19.43 AC
INVESTMENT HIGHLIGHTS
- Corner Lot at the intersection of two US Highways, Great visibility!
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 19.43 AC |
| Property Subtype | Commercial | ||
| Zoning | None | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 19.43 AC |
| Zoning | None |
DESCRIPTION
This 19.58-acre property is in the prime location of the intersection of two 4-lane highways, the highest traffic US Routes on the west side of southern Vermont. Seller had an Act 250 Permit granted for development of a retail center. However, that permit has expired. A buyer would need to assess with buyer's engineer and attorney what is needed to re-permit the site for buyer's intended use. Previous Plans for the site are available. The likely development envelope is said to be approximately half of the total acreage due to wetlands and other factors. Well worth a look at the Town-assessed value of $940,000!
PROPERTY TAXES
| Parcel Number | 543-171-12461 | Improvements Assessment | $0 |
| Land Assessment | $1,260,700 | Total Assessment | $1,260,700 |
PROPERTY TAXES
