Real Estate Development Sites

MLS Number 4947107

• Land
• Village Rutland
• Acreage 28.93
• Zoning None

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Poised for Residential community or subdivision. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 28.93 acres ($210,000) may be combined with an adjoining 19.8 acres ($139,000) NE that shares access ROW. The combined larger parcel of 48.73 acres is discounted to $325,000. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,750/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 across the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house, and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. The Town lists the combined 48.73-acre parcel as being 49.43 acres. The 2023 Property Tax on combined Parcels 1 & 3 is $2,762.97, or $56.00 per listed acre. By that measure, 2023 tax allocated to Parcel 1 would be $1,109. And tax allocated to Parcel 3 would be $1,620. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope". Offered subject to a possible subdivision permit requirement at Seller's expense.

Listed by Ault Commercial Realty,Inc.

MLS Number 4947099

• Land
• Village Rutland
• Acreage 19.8
• Zoning None

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Poised for Residential community or subdivision. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 19.8 acres may be combined with an adjoining 28.93 acres ($210,000) SW that shares access ROW. The combined larger parcel of 48.73 acres is discounted to $325,000. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,750/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 across the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house, and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. The Town lists the combined 48.73-acre parcel as being 49.43 acres. The 2023 Property Tax on combined Parcels 1 & 3 is $2,762.97, or $56.00 per acre. By that measure, 2023 tax allocated to Parcel 1 would be $1,109; and the tax allocated to Parcel 3 would be $1,620. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope".

Listed by Ault Commercial Realty,Inc.

MLS Number 4908666

• Land
• Acreage 12.4
• Zoning None

This 12.4-acre parcel (per Town Listers Record, un-surveyed), offers up to 4.3-acres available for RESIDENTIAL and/or commercial DEVELOPMENT, that may make use of the existing 3-Bay Barn on US-4, and a wood framed 2-car garage set back from the road. As one contractor inspecting those structures has opined: "The buildings' bones are good!", (see photos). The parcel has frontage on two roads: 480 ft. on US Route 4, and 715 ft. on Townline Rd. Significant Class-2 wetlands were delineated in 2021 on 5+ acres of this parcel, marked with labeled red-pink plastic ribbons tied to small tree limbs along the west and south lines of the wetlands, requiring a 50-ft. buffer from development. Enman-Kesselring Engineers have drawn a map depicting potential developable areas based upon the wetlands delineation, visual observations of topography, rock outcroppings and well-head protection distances from neighboring property wells. Depending on soils testing by buyers' soils technician, it appears there may be a development envelope of up to 4.3 acres, including 0.81 acre set aside for potential waste water system(s). (See map). Buyer should ask Buyer's engineer about conducting an ESA. Also, Buyer might apply to connect to the private Alpine Pipeline sewer on the other side of US-4, and possibly develop more of the 4.3 acres. And YES!...This parcel includes most of the lawn between the former Truly Unique Gift Shop west of subject, and the above described Barn and Garage! Comm'l ML#4856215

Listed by Ault Commercial Realty,Inc.