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    - Pne Hl Rd Derby, VT 05829

    For Sale
    $699,000

    Land - Derby, VT

    Lot size:
    41.00 Acres
    Days on Market:
    170
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for - Pne Hl Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Lot size
    41.00 Acres

    Building Details

    Architectural style
    Other

    Century 21 Farm & Forest Realty Inc (802) 334-1200 [email protected]

    Listing agent Nicholas Maclure (802) 334-1200

    Listing date Jun 27, 2025

    MLS# 4958531 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    41 Acres in Derby, VT

    This 41-acre plot of land is located in Derby and Newport, adjacent to the I-91 access road, Newport Country Club, Pine Hill Road, and Mt. Vernon St. Currently zoned for commercial purposes, it also presents an opportunity for residential development, which would necessitate rezoning. The undeveloped land offers potential for a large luxury residence, boasting views of Lake Memphremagog, Jay Peak, Willoughby Gap, and downtown Newport. Plans are available for either a 7-lot commercial subdivision or a 13-lot residential subdivision with access to water and sewer facilities. Its location within the Foreign Trade Zone could lead to reduced import costs for businesses, and potential eligibility for New Market Tax Credits.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Derby
    County
    Orleans
    State
    Vermont
    Longitude
    -72.135
    Latitude
    44.9371

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    FAQs

    What type of property is this?
    Commercial land - 41-acre commercial land with development potential in Derby, Vermont.
    Where is this commercial land located?
    The property is located at - Pne Hl Rd Derby, VT.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Breathtaking views of Lake Memphremagog, Jay Peak, Willoughby Gap, and downtown Newport.; - Potential for commercial or residential development (subject to rezoning).; - Available plans for a 7-lot commercial or 13-lot residential subdivision with water and sewer access.
    (802) 334-1200
    Request Owner's contact information
    - Pne Hl Rd Derby, VT 05829
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    - Pne Hl Rd Derby, VT 05829
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