Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Bennington Land For Sale Title is generated by Realmo AI

    420 Burgess Road, Bennington, VT 05201

    View on Map
    Claim this Listing
    For Sale
    $59,000

    LAND - Bennington, VT

    Lot size:
    0.29 Acres
    Added:
    Aug 17, 2025
    Days on Market:
    296
    Last Refresh:
    Jun 8 at 12:06 am

    Property Features for 420 Burgess Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    VR
    Standard status
    Active
    Lot size
    0.29 Acres

    Utilities

    Utilities
    Propane
    Water source
    Public

    We can help!

    Listing Contact
    Dan Mason

    Listing agent Dan Mason

    Listing office Perrott Realty 120 Elm St, Bennington, VT

    Listing date Aug 17, 2025

    MLS# 5056952 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

    • Level building lot ready for your dream home.
    • Town sewer and water connections available.
    • Located at the edge of town, enjoy a peaceful setting.
    • Possible owner financing options.

    Overview

    This 0.29-acre commercial land is a level building lot located in Bennington, Vermont. The property has access to town sewer and water. The zoning is VR. Possible owner financing is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bennington
    County
    Bennington
    State
    Vermont
    Longitude
    -73.1677423
    Latitude
    42.879094

    Nearby Similar for Sale

    • $950,000
      8,888 SF

      Historic Victorian Multifamily Building

      Restored suites and generous common areas offer flexible residential uses, with a separately leased on-site restaurant space.
      124 Elm Street, Bennington, VT 05201
      View Details
    • $237,700
      1,222 SF

      Renovated 2-Unit Residential Property

      Renovated two-unit home with independent utilities and updated interiors, offering flexible living or rental configurations.
      117 Putnam Street, Bennington, VT 05202-1
      View Details
    • $235,000
      1,860 SF

      Two-Unit Residential Duplex

      Well-maintained duplex with separate utilities offers flexible living or rental income options.
      205 County Street, Bennington, VT 05201
      View Details
    • $399,000
      5,208 SF

      Mixed-Use Carriage Barn Building

      Converted circa-1913 carriage barn with three apartments and ground-floor retail, plus ample parking on a downtown lot.
      126 Washington Avenue, Bennington, VT 05201
      View Details
    • $450,000

      Medical Office Near Hospital Entrance

      Single-story medical office building with ample parking near hospital.
      320 Dewey St, Bennington, VT 05201
      View Details
    • $200,000

      Wooded Residential Development Land

      Woodland land with a state-approved wastewater permit for a three-bedroom home and municipal water available at the road.
      1073 Chapel Road, Bennington, VT 05201
      View Details
    • $275,000
      1,680 SF

      Mixed-Use Live/Work Duplex

      Renovated second-floor 1-bedroom apartment over a flexible first-floor commercial space with basement storage and off-street parking.
      318 North Street, Bennington, VT 05201
      View Details
    • $475,000

      Industrial/Commercial Development Land

      12.82-acre site on a major commercial corridor with access to Routes 7 and 279 for flexible development concepts.
      22 Morse Road, Bennington, VT 05201
      View Details
    • $200,000

      Expansive Woodland Property in Bennington

      58-acre woodland with approved permit near downtown Bennington, VT.
      1073 Chapel Rd, Bennington, VT 05201
      View Details
    • $220,000

      Wooded Land with Pond

      Secluded, wooded acreage with a quarter-acre pond and established access, utilities, and development feasibility information.
      399 Bard Road, Bennington, VT 05201
      View Details
    • $2,190,000

      Corner Commercial Land Site

      1.16-acre corner lot zoned planned commercial, positioned for high-exposure roadside access near major highways.
      301 Northside Drive, Bennington, VT 05201
      View Details
    • $220,000

      Sprawling Wooded Acreage in Bennington, VT

      54+/- acres of secluded land near Bennington's amenities.
      399 Bard Rd, Bennington, VT 05201
      View Details

    FAQs

    What type of property is this?
    Land - Level building lot with town sewer and water access.
    Where is this land located?
    The property is located at 420 Burgess Road Bennington, VT.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: Level building lot ready for your dream home.; Town sewer and water connections available.; Located at the edge of town, enjoy a peaceful setting.
    (802) 442-8366
    We can help!
    Listing Contact
    Dan Mason
    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

    Thank You for Inquiry
    420 Burgess Road, Bennington, VT 05201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!