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Permitted Commercial Land with Existing Building
For Sale
Contact for pricing
Pending

997 Fairfax Rd, Saint Albans, VT 05478

Permitted commercial site with highway access, approvals, utilities, and an operating veterinary clinic.

Property SizeContact for details
Days on Market143

Property Features for 997 Fairfax Rd

General Information

Standard status Pending
Property subtype Office, Land
Listing Agency: VT Commercial
Listed By: Yves E. Bradley · License #VT 081.0004317
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:53PM

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 VT Commercial

Investment Insights

Based on property information with market context.

This 3.5-acre commercial land property includes an existing 3,000 SF building occupied by a national veterinary clinic. The current lease is in year 4 of a 5-year term and includes three 5-year options. The tenant pays 96% of property taxes and manages property maintenance under the existing arrangement.

Development approvals are in place for a six-building plan that includes approximately 8,200 SF of self-storage, a 4,000 SF medical office, a 2,600 SF restaurant with 125 seats, and three 2,400 SF office or service-retail buildings. The planned configuration may be revised to add self-storage or create additional pad sites. The property has PUD approval, VTrans approval, state storm-water and wetlands approval, plus Town of St. Albans sewer and water allocation and hookup approval.

Located at 997 Fairfax Rd., the site is directly across from Collins Perley Sports & Fitness Center and immediately off I-89, Exit 19, with highway visibility and surrounding commercial development.

Key Highlights

  • 3.5‑acre commercial site with an existing 3,000 SF veterinary clinic building
  • Permits in place for 6 buildings and a mixed‑use development plan
  • Proposed plan includes 8,200 +/- SF of self‑storage and a 4,000 +/- SF medical office

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency HVAC Service Restaurant Auto Repair Shop Grocery & Convenience Store Hair Salon

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

59
Businesses Nearby

Demographics for 05478, VT

15,704
Population
7,205
Households
2.2
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
59.3 sq mi
ZIP Area
265
Density / Sq Mi
$70,752
Median Household Income
$49,758
Median Earnings
$1,255
Median Rent
$297,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Permitted commercial site with highway access, approvals, utilities, and an operating veterinary clinic.
Where is this commercial land located?
The property is located at 997 Fairfax Rd Saint Albans, VT.
What are key features of this property?
This property features: 3.5‑acre commercial site with an existing 3,000 SF veterinary clinic building; Permits in place for 6 buildings and a mixed‑use development plan; Proposed plan includes 8,200 +/- SF of self‑storage and a 4,000 +/- SF medical office
More about this property
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