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    Multi-Use Equestrian & Farm Property Title is generated by Realmo AI

    91 Venheim Road, Lunenburg, VT 05906

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    For Sale
    $649,000

    55+ acres with a horse barn, open pasture, spring-fed pond, and trail access for livestock, recreation, or farming use.

    Type:Land
    Property size:
    2,405,383 SF
    Lot size:
    55.00 Acres
    Price / SF:
    $0.27/SF
    Added:
    Aug 14, 2025
    Days on Market:
    296
    Last Refresh:
    Jun 5 at 2:29 am

    Property Features for 91 Venheim Road

    General Information

    Standard status
    Active
    Size
    2,405,383 SF
    Lot size
    55.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Colton LeBoeuf

    Listing office Tim Scott Real Estate

    Listing date Aug 14, 2025

    Source Parkwayvt

    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 Tim Scott Real Estate

    HighLights

    • 55+ acres with hardwood forest, private trails, and direct access to the abutting VAST and VASA trail systems
    • Horse facilities include a horse barn with 8 stalls, tack room, and overhead hay storage
    • Nearly 6 acres of open pasture with classic stone walls for livestock or gardening
    • Spring‑fed pond plus fruit trees and mature sugar maples on the property
    • Includes a sugarhouse with equipment ready to be revived, plus noted potential for sugaring
    • Antique home on site requires full renovation and is sold as‑is; electricity is onsite and a town‑maintained road provides access

    Overview

    This for-sale country property totals just over 55 acres and is set up to support equestrian, farming, and outdoor recreation uses. Improvements include a horse barn with eight stalls, a tack room, and overhead hay storage. There is also a sugarhouse with equipment on site and a two-level carriage house that can support storage for tractors, tools, or recreational vehicles. The land includes nearly six acres of open pasture bordered by classic stone walls, along with a spring-fed pond, fruit trees, and mature sugar maples.

    Outdoor access is a key feature, with private trails through hardwood forests and direct connection to the abutting VAST and VASA trail systems for year-round recreation. A town-maintained road provides access to the property, effectively functioning as the driveway, and electricity is already onsite. A new survey has been completed, and the buyer will have full access to it.

    The property may suit buyers seeking an operational horse and pasture setup, an agriculture-minded parcel with sugaring-ready acreage, or a multi-use retreat with onsite storage and water features. The antique home on site is available as-is and requires full renovation, while its rare fireplaces and original ovens may appeal to those planning restoration.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Department Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lunenburg
    County
    Essex
    State
    Vermont
    Longitude
    -71.7483964
    Latitude
    44.4750282

    Nearby Similar for Sale

    • $649,000

      Recreational Farm and Horse Property

      55+ acres with an 8-stall horse barn, pasture, spring-fed pond, and trail access for year-round use.
      91 Venheim Road lot: 1, Lunenburg, VT 05906
      View Details
    • $165,000

      Land with Woodland and Brook

      38.64-acre lot with woodland, privacy, and brook.
      Thomas W Road, Lunenburg, VT 05906
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    • $55,000

      Recreational Land with Road Frontage

      A 7-acre parcel with 864 feet of frontage on Perry Road, suitable for recreational use or a cabin/camp.
      34 Perry Road, Lunenburg, VT 05906
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    FAQs

    What type of property is this?
    Horse & equestrian property - 55+ acres with a horse barn, open pasture, spring-fed pond, and trail access for livestock, recreation, or farming use.
    Where is this horse & equestrian property located?
    The property is located at 91 Venheim Road Lunenburg, VT.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: 55+ acres with hardwood forest, private trails, and direct access to the abutting VAST and VASA trail systems; Horse facilities include a horse barn with 8 stalls, tack room, and overhead hay storage; Nearly 6 acres of open pasture with classic stone walls for livestock or gardening
    We can help!
    Listing Contact
    Colton LeBoeuf
    Learn More
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    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.

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