Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    24 Summit Circle Brattleboro, VT 05301

    View on Map
    Claim this Listing
    For Sale
    $80,000

    Land - Brattleboro, VT

    Lot size:
    1.97 Acres
    Added:
    Aug 12, 2024
    Days on Market:
    617
    Last Refresh:
    Apr 20 at 1:06 pm

    Property Features for 24 Summit Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R
    Standard status
    Active
    Lot size
    1.97 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1119.48

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Claire Renaud

    Listing agent Claire Renaud

    Listing office Berkley & Veller Greenwood Country 119 Western Avenue, Brattleboro, VT

    Listing date Aug 12, 2024

    MLS# 5009351 Listing URL

    Copyright © 2026 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

    Brattleboro Land For Sale

    This 1.97-acre wooded building lot is situated in a development on a wooded hillside. Located in Southern Vermont, the property is positioned minutes from downtown Brattleboro, offering a blend of privacy and rural surroundings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brattleboro
    County
    Windham
    State
    Vermont
    Longitude
    -72.586811
    Latitude
    42.838654

    Nearby Similar for Sale

    • $300,000

      Brattleboro Garage with High Ceilings

      5,000 SF commercial garage near downtown Brattleboro for sale.
      211 Vernon Street, Brattleboro, VT 05301
      View Details
    • $550,000
      6,466 SF

      Brattleboro Multi-Use Renovated Property

      Renovated multi-use property with apartments, business potential, large yard.
      72 Landmark Hill Drive, Brattleboro, VT 05301
      View Details
    • $5,500,000

      Waterfront Commercial Property with Marina

      Unique waterfront property with restaurant, marina, offices, and apartments.
      464 Putney Road, Brattleboro, VT 05301
      View Details
    • $550,000

      Versatile Commercial Property in Brattleboro

      Multi-use property with recent renovations and investment potential.
      72 Landmark Hill Drive, Brattleboro, VT 05301
      View Details
    • $459,900
      3,064 SF

      Brattleboro Three-Family Home

      Historic three-family home in Brattleboro Center with modern conveniences.
      176 High Street, Brattleboro, VT 05301
      View Details
    • $1,150,000

      Downtown Brattleboro Office Building

      Professional office building with river views in downtown Brattleboro.
      201-205 Main Street, Brattleboro, VT 05301
      View Details
    • $300,000

      Brattleboro Commercial Property on Route 9

      Commercial property on Route 9 with frontage and multiple units.
      503 Marlboro Road, Brattleboro, VT 05301
      View Details
    • $4,000,000

      Waterfront Portfolio with Growth Potential

      Waterfront properties with restaurant, marina, offices, and apartments.
      28 Spring Tree Road, Brattleboro, VT 05301
      View Details
    • $294,000
      2,360 SF

      Brattleboro Multi-Family Turn-Key Investment

      Three-unit multifamily property in Brattleboro, VT, with recent renovations.
      5 Reynolds Drive, Brattleboro, VT 05301
      View Details
    • $48,000

      Brattleboro Land with Brook Access

      6 acres of land in West Brattleboro with privacy.
      0 Cooke Road, Brattleboro, VT 05301
      View Details
    • $325,000
      2,209 SF

      Brattleboro Multi-Family Home

      In-town home with income potential near downtown Brattleboro.
      16 Washington Street, Brattleboro, VT 05301
      View Details
    • $350,000
      3,312 SF

      Spacious Duplex Near Schools

      Duplex near schools, ideal for owner occupancy or investment.
      573 South Main Street, Brattleboro, VT 05301
      View Details

    FAQs

    What type of property is this?
    Land - 1.97 acre wooded building lot near downtown Brattleboro, Vermont.
    Where is this land located?
    The property is located at 24 Summit Circle Brattleboro, VT.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: 1.97 acre wooded building lot; Prime development location; Minutes to downtown Brattleboro
    (802) 275-2274
    We can help!
    Listing Contact
    Claire Renaud
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!