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Rutland City Development Opportunity
For Sale
$200,000

74 Traverse Pl, Rutland, VT 05701

0.73-acre parcel in Rutland City with development potential.

Property SizeContact for details
Lot Size0.73 Acres
Days on Market257

Property Features for 74 Traverse Pl

General Information

Standard status Active
Lot size 0.73 Acres
Property subtype Land
Listing Agency:
Listed By: Mark Noble
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 16 at 8:23AM

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 Mark Noble

Investment Insights

Based on property information with market context.

This 0.73-acre parcel is located in Rutland City and presents a development opportunity for developers or portfolio builders. Current engineering plans support the construction of two 2-story buildings with a total of 9 residential units, or up to 20 efficiency apartments. On-site parking is included. The property is located near shopping, restaurants, and public transit. This project is suited for workforce housing, student rentals, or a small apartment complex.

Key Highlights

  • Ready‑to‑go investment project with current engineering plans for residential development.
  • Flexible development options: Build 9 spacious residential units or up to 20 efficiency apartments.
  • Prime 0.73‑acre parcel in the heart of Rutland City.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Home Appliance Store

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

1,104
Businesses Nearby

Demographics for 05701, VT

20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 0.73-acre parcel in Rutland City with development potential.
Where is this land located?
The property is located at 74 Traverse Pl Rutland, VT.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Ready‑to‑go investment project with current engineering plans for residential development.; Flexible development options: **Build 9 spacious residential units or up to 20 efficiency apartments.**; Prime 0.73‑acre parcel in the heart of Rutland City.
More about this property
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