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500 US Route 7 S
19.43 Acres of Commercial Land Offered at $2,700,000 in Rutland Town, VT 05701
Executive Summary
Property Facts
Price | $2,700,000 | Property Type | Land |
Sale Type | Owner User | Property Subtype | Commercial |
No. Lots | 1 | Total Lot Size | 19.43 AC |
Price | $2,700,000 |
Sale Type | Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 19.43 AC |
1 Lot Available
Lot
Price | $2,700,000 | Lot Size | 19.43 AC |
Price Per AC | $138,960 |
Price | $2,700,000 |
Price Per AC | $138,960 |
Lot Size | 19.43 AC |
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
Description
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.
PROPERTY TAXES
Parcel Number | 543-171-12461 | Improvements Assessment | $0 |
Land Assessment | $1,260,700 | Total Assessment | $1,260,700 |
PROPERTY TAXES
zoning
Zoning Code | None |
None |
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500 US Route 7 S
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