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    Vermont Land with Highway Frontage Title is generated by Realmo AI

    72 Wood Road, Hartford, VT 05001

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    Claim this Listing
    For Sale
    $1,300,000

    Commercial For Sale - Hartford, VT

    Added:
    Oct 5, 2025
    Days on Market:
    232
    Last Refresh:
    May 24 at 3:06 am

    Property Features for 72 Wood Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Multi, RL3
    Rooms
    Basement
    Basement Y/N
    1
    Standard status
    Active

    Building Details

    Year built
    1890
    Architectural style
    Other

    We can help!

    Listing Contact
    Terry Boone

    Listing agent Terry Boone

    Listing office Bassette Real Estate Group 611 Rte 12, Hartland, VT

    Listing date Oct 5, 2025

    MLS# 5064425 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.

    HighLights

    • Prime highway frontage on US Route 4, a major east/west corridor to Killington Ski Area and I‑89.
    • 9.1 acres of tillable organic soil with water views of the Ottauquechee River and a pond.
    • Includes a barn and three large sheds (1,440 sf, 810 sf, 500 sf) suitable for outdoor events.
    • Located near Dartmouth College, DH Medical complex, Cancer Center, and VA Hospital.
    • Paved driveway to farm stand sheds with ample parking.
    • 1.5 story Cape (3 bedroom/2 bath - 2,334 sq ft) with numerous outbuildings.

    Overview

    Located on US Route 4, a major east/west corridor connecting I-89 and the Killington Ski Area in Vermont, this property features highway frontage between Quechee and Woodstock, VT. It is situated minutes from Dartmouth College in Hanover, NH, near the intersection of I-89 and 91 at the Connecticut River, and close to the DH Medical complex and Cancer Center in Lebanon, NH, as well as the VA Hospital in White River Junction. The property includes a 1.5 story Cape (3 bedroom/2 bath - 2,334 sq ft) dating back to 1850, accompanied by numerous outbuildings. Previously the site of a successful farmers market and later a gift/crafts/novelties business, the property includes a barn and three large sheds (1,440 sf, 810 sf, and 500 sf) suitable for outdoor events. The barn features silos with folk-art handmade metal roofs. The 9.1-acre site offers water views of the Ottauquechee River and includes a pond. It features tillable organic soil, a paved driveway, farm stand sheds, and ample parking. Plans for developing the property are available to the accepted buyer with an agreement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Hartford
    County
    Windsor
    State
    Vermont
    Longitude
    -72.3994
    Latitude
    43.6542

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    FAQs

    What type of property is this?
    Farm - 9.1 acres with highway frontage, outbuildings, and water views.
    Where is this farm located?
    The property is located at 72 Wood Road Hartford, VT.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Prime highway frontage on US Route 4, a major east/west corridor to Killington Ski Area and I‑89.; 9.1 acres of tillable organic soil with water views of the Ottauquechee River and a pond.; Includes a barn and three large sheds (1,440 sf, 810 sf, 500 sf) suitable for outdoor events.
    (802) 238-9393
    We can help!
    Listing Contact
    Terry Boone
    Request Owner's contact information
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    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.

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