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    2600 Vt-66 Randolph, VT 05061

    For Sale
    $750,000

    24.87 Acres, I-89 Proximity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 24.87-acre commercial land parcel in Randolph, Vermont, presents a unique investment opportunity. Strategically located just a quarter-mile from Interstate 89, Exit 4, this property boasts 663 feet of frontage on VT Route 66. The land is largely flat and level, offering significant development potential. The site benefits from access to town water and sewer, along with standard overhead utilities. Zoned Interchange-NE’ & Act 250, permitted uses include one and two-family dwellings. Conditional uses allow for a diverse range of developments, including cultural facilities, light manufacturing, office space, outdoor recreation, public transport facilities, and research labs. The property is free from known entitlements, permits, functional, or external obsolescence, providing a clean slate for future development. The asking price is $750,000. This location offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The flat, level terrain simplifies construction, and the existing infrastructure minimizes upfront development costs. This is a rare opportunity to acquire a sizable, well-situated commercial parcel in a growing Vermont community. The property's proximity to I-89 ensures convenient access to regional and national transportation networks. The flexible zoning allows for a wide range of development possibilities, catering to diverse business needs.

    Property Features for 2600 Vt-66

    General Information

    Property type
    Land
    Lot Size
    1,083,337 SF

    HighLights

    • 24.87‑acre commercial land parcel in Randolph, Vermont.
    • Prime location: 0.25 miles from I‑89, Exit 4, with 663 ft of VT Route 66 frontage.
    • Level, buildable land with town water & sewer, and standard utilities.
    • Interchange‑NE & Act 250 zoning; permitted uses include residential and various commercial options.
    • $750,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Randolph
    County
    Orange
    State
    Vermont
    Longitude
    -72.6154079
    Latitude
    43.9432994

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    FAQs

    What type of property is this?
    Land - 24.87 Acres, I-89 Proximity
    Where is this land located?
    The property is located at 2600 Vt-66 Randolph, VT.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 24.87-acre commercial land parcel in Randolph, Vermont.; Prime location: 0.25 miles from I-89, Exit 4, with 663 ft of VT Route 66 frontage.; Level, buildable land with town water & sewer, and standard utilities.
    (802) 777-0732
    Request Owner's contact information
    2600 Vt-66 Randolph, VT 05061
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    Randolph, VT 05061
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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
    2600 Vt-66 Randolph, VT 05061
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