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939 US Route 5

94.9 Acres of Commercial Land Offered at $425,000 in Sutton, VT 05867

Investment Highlights

  • Act 250 Approved Gravel Pit, Potential 3-4K Maple Taps, Sutton River Frontage

Executive Summary

Operating gravel pit

Property Facts

Price $425,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Cement or Gravel Plant
  • Agricultural
Total Lot Size 94.90 AC

1 Lot Available

Lot

Price $425,000
Price Per AC $4,478
Lot Size 94.90 AC

Newer Act 250 approved gravel pit. Permitted for 10,000 yards/year. Mostly wooded except for gravel pit. Estimated 3000-4000 potential maple taps.

Description

Under Act 250 regulations, a gravel pit has been approved with an annual extraction limit of 10,000 yards. The 94.9-acre property, mostly forested except for the gravel pit, is believed by the owners to have 3000-4000 potential maple taps. This presents a promising opportunity for individuals interested in utilizing the land for profit. The gravel pit could appeal to local municipalities or construction companies in search of gravel and stone resources. Additionally, a maple syrup producer could tap into the sugar bush to supplement income from the gravel pit. The gently sloping wooded area leads down to the road that connects to the gravel pit, with the added benefit of frontage along the Sutton River.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
636-200-10659
Land Assessment
$294,900
Improvements Assessment
$0
Total Assessment
$294,900
  • Listing ID: 24547402

  • Date on Market: 11/24/2021

  • Last Updated:

  • Address: 939 US Route 5, Sutton, VT 05867

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