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    7012 Us-7 Pownal, VT 05261

    For Sale
    $3,500,000

    Prime VT location, vast potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 05261 Vermont property, the former Green Mountain Racetrack (operational 1963-1993), presents a unique placemaking opportunity. Located in Pownal, Bennington County, on US Route 7, this expansive parcel boasts convenient access to major northeastern cities: approximately one hour east of Albany, NY

    Property Features for 7012 Us-7

    General Information

    Property type
    Land

    HighLights

    • Rare placemaking opportunity in Pownal, Vermont.
    • Development‑friendly local government.
    • Existing solar farm on site.
    • Potable water available on the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Electrical Service Cafe & Coffee Shop Wine and Liquor Store Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pownal
    County
    Bennington
    State
    Vermont
    Longitude
    -73.2348599
    Latitude
    42.7547518

    Nearby Comparable

    • $240,000

      Pownal Trailer Park for Sale

      Trailer park with 18 units, public water and sewer.
      60 Lincoln St, Pownal, VT 05261
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    • $275,000
      Pending

      Prime Commercial Property on Rte 7

      Commercial property on Rte 7 with high visibility and potential.
      824 Simonds Rd, Williamstown, MA 01267
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    • $3,500,000
      144 SF

      Former Racetrack Development Opportunity

      144-acre site near MA, VT, and NY border.
      7012 Us-7, Pownal, VT 05261
      View Details
    • Contact for pricing
      3.00 Acres

      Pownal VT Land For Sale

      3 acre parcel ideal for hunting or recreation in Pownal.
      7 Us Rte, Pownal, VT 05261
      View Details
    • $399,000
      4,436 SF

      Pownal VT Commercial Property

      Prime VT location, commercial space & home.
      3000 Us Rte, Pownal, VT 05261
      View Details

    Nearby Similar for Sale

    • $240,000

      Pownal Trailer Park for Sale

      Trailer park with 18 units, public water and sewer.
      60 Lincoln St, Pownal, VT 05261
      View Details
    • $399,000
      4,436 SF

      Pownal VT Commercial Property

      Prime VT location, commercial space & home.
      3000 Us Rte, Pownal, VT 05261
      View Details

    FAQs

    What type of property is this?
    Land - Prime VT location, vast potential.
    Where is this land located?
    The property is located at 7012 Us-7 Pownal, VT.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Rare placemaking opportunity in Pownal, Vermont.; Development-friendly local government.; Existing solar farm on site.
    Request Owner's contact information
    7012 Us-7 Pownal, VT 05261
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    Pownal, VT 05261
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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
    7012 Us-7 Pownal, VT 05261
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