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    16 Campbell Rd Rutland, VT 05701

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    For Sale
    $2,000,000

    Land with utilities, suitable for multi-family or senior housing.

    Lot size:
    23.00 Acres

    Property Features for 16 Campbell Rd

    General Information

    Lot size
    23.00 Acres

    Source: NAI J.L Davis Realty Agent Jeff Nick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Downtown Rutland

    This property features on-site municipal water and sewer utilities. There are no significant wetlands present. It is zoned as Mixed Residential District 2, allowing for up to 102 units. Right-of-way access to Dorr Dr is available. The location is a short walk to Downtown Rutland. The market vacancy rate is 1%. Possible uses for the property include assisted living, senior housing, workforce housing, and multi-family housing.
    Location Intelligence

    Current Use by Public Records

    Highland Meadows Apartments Apartment Complex

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Rutland
    County
    Orleans
    State
    Vermont
    Longitude
    -72.9999951
    Latitude
    43.5946864

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    FAQs

    What type of property is this?
    Land - Land with utilities, suitable for multi-family or senior housing.
    Where is this land located?
    The property is located at 16 Campbell Rd Rutland, VT.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Up to 102 Units Possible: Significant development potential.; - Utilities/Municipal Water & Sewer On-site: Ready for development.; - Short Walk to Downtown Rutland: Enjoy convenient access to city amenities.
    (802) 876-6923
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    16 Campbell Rd Rutland, VT 05701
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    Rutland, VT 05701
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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
    16 Campbell Rd Rutland, VT 05701
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