Listing Agency: NAI J.L Davis Realty Show Phone

Listed By: Jeff Nick

Source: Moodyscre

Added: May 20, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:42AM

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

Property Analytics

Property Profile

Current Use

Highland Meadows Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Auto Parts Store Restaurant

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

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Frequently Asked Questions

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.