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Prime Commercial Land Opportunity
For Sale
$695,000

5122 Connecticut River Rd, Springfield, VT 05156

13.6 acres with buildings near I-91 Exit 8.

Property SizeContact for details
Lot Size13.60 Acres
Days on Market659

Property Features for 5122 Connecticut River Rd

General Information

Standard status Active
Lot size 13.60 Acres

Taxes and HOA fees

Annual Taxes $8,310
Listing Agency: Town and Country Realty
Listed By: Don Chabot
Source: Exprealty
Added: Oct 23, 2024 Changed: Aug 8 Last Checked: Jul 16 at 11:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town and Country Realty

Investment Insights

Based on property information with market context.

This commercial property is situated at the busy intersection of US Route 5, Vermont Route 131, and Route 12, offering excellent visibility. Located just a quarter of a mile from I-91 Exit 8, the 13.6-acre site includes a main building measuring 50' x 29' equipped with two 9,000 lb. lifts. Additional structures include a 48' x 24' three-bay storage shed and a 21' x 30' three-sided storage area with a height exceeding 20 feet. The main building is currently used for mechanical service of trucks and cars, as well as a U-Haul business. While gasoline sales have been discontinued for the past 7 years, the property currently sells diesel and propane. The site features one 4,000-gallon gasoline tank, two 6,000-gallon gasoline tanks, and one 10,000-gallon diesel tank, all of which underwent a yearly cathodic protection test, with the most recent test conducted on July 17th, 2024. The property is located 20 miles from Okemo Mountain and Mount Sunapee, and also near the intersection of I-91 and I-89.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Furniture & Home Goods Big Box & Wholesale Store Kitchen & Bath Showroom Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby
Well-served
Demand for This Use

Demographics for 05156, VT

8,911
Population
4,280
Households
2.1
Avg Household Size
47
Median Age
25%
College-Educated
89%
High-School Grad
61.1 sq mi
ZIP Area
146
Density / Sq Mi
$64,292
Median Household Income
$41,324
Median Earnings
$1,013
Median Rent
$182,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Automotive property - 13.6 acres with buildings near I-91 Exit 8.
Where is this automotive property located?
The property is located at 5122 Connecticut River Rd Springfield, VT.
What is the asking price?
The asking price for this property is $695,000.
More about this property
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