Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Development Land with Lake Views Title is generated by Realmo AI

    Shattuck Hill Road, Derby, VT 05829

    View on Map
    Claim this Listing
    For Sale
    $890,000

    LAND - Derby, VT

    Lot size:
    36.01 Acres
    Added:
    May 20, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for Shattuck Hill Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Town
    Standard status
    Active
    Lot size
    36.01 Acres

    Utilities

    Water source
    Spring

    We can help!

    Listing Contact
    Hannah Burrill

    Listing agent Hannah Burrill

    Listing office KW Vermont 68 Randall St., South Burlington, VT

    Listing date May 20, 2026

    MLS# 5089847 Listing URL

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 36.01‑acre property on Shattuck Hill Road in Derby
    • Over 1,800 ft of road frontage with Residential 1 zoning
    • Water source: spring
    • Mix of open meadow and wooded acreage
    • Trails on‑site
    • Views of Lake Memphremagog and surrounding mountains

    Overview

    This 36.01-acre parcel on Shattuck Hill Road offers a mix of open meadow and wooded acreage, with expansive natural views toward Lake Memphremagog and the surrounding mountains. The property is described as a blank-slate setting with trails and privacy across the land, providing a workable footprint for planning a home site on the hillside.

    The site includes more than 1,800 feet of road frontage and is zoned for Residential 1 use. The location is described as peaceful and scenic while being minutes from shopping, dining, recreation, and other town conveniences in Derby, Vermont.

    For buyers seeking residential land, the combination of long road frontage, varied terrain, and established open-and-wooded areas can support flexible site planning. Residential 1 zoning aligns with building a primary residence, while the presence of trails and wooded areas can help preserve privacy as your layout is considered. This is a strong fit for owner-occupants and second-home buyers who want land holdings with room to shape a build-ready retreat within an easy drive of everyday amenities.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Derby
    County
    Orleans
    State
    Vermont
    Longitude
    -72.179713
    Latitude
    44.9538072

    Nearby Similar for Sale

    • $1,100,000
      5,710 SF

      Modern Commercial Property in Derby

      New commercial building on a 1.84-acre corner lot.
      304 Commerce Way, Derby, VT 05829
      View Details
    • $374,500

      Versatile Commercial Building on Corner Lot

      4,000+ sq.ft. building on 0.75-acre lot in Derby, VT.
      668 Prouty Drive, Derby, VT 05829
      View Details
    • $900,000

      Retail Opportunity on Community Drive

      Freestanding retail building with open space on busy corridor.
      108 Community Drive, Derby, VT 05855
      View Details
    • $1,200,000
      6,750 SF

      Seven-Unit Multifamily with Barn

      Seven-unit complex on 16+ acres with propane-heated units, covered parking, storage, and a 3-story barn.
      1035 US Route 5, Derby, VT 05829
      View Details
    • $250,000

      Diverse Land Parcel in Derby

      7-acre land parcel ideal for home or agriculture.
      2103 Herrick Road, Derby, VT 05829
      View Details
    • $399,000

      Derby Land Near Newport

      Commercial land with high visibility near Newport and Walmart.
      0 US Route 5, Derby, VT 05829
      View Details
    • $699,000

      Land - Derby, VT

      - Pne Hl Rd, Derby, VT 05829
      View Details
    • $189,500

      Permitted Waterfront Lakefront Lot

      Fully permitted lakefront acreage on Salem Lake with utilities and a state wastewater approval for a 3-bedroom build.
      214 Little Salem Lane, Derby, VT 05829
      View Details
    • $135,000

      Derby VT Land with Views

      16-acre lot with permits for a 4-bedroom home.
      00 Woods Farm Road, Derby, VT 05829
      View Details
    • $79,900

      Residential Building Lot in Derby

      One-acre residential lot with utilities and septic installed, ready for home construction near Derby Center.
      72 Salem View Heights, Derby, VT 05289
      View Details
    • $330,000

      33-Acre Parcel in Derby

      33-acre parcel in Derby, VT, ideal for building or investment.
      4334 Hinman Settler Rd, Derby, VT 05829
      View Details
    • $699,000

      Commercial Development Land

      41-acre parcel zoned for commercial use with subdivision plans and access to water and sewer facilities.
      Pine Hill Road lot: F, Derby, VT 05829
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 36.01 acres of mixed meadow and woods with extensive road frontage for future home or retreat planning.
    Where is this residential land & home lot located?
    The property is located at Shattuck Hill Road Derby, VT.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: 36.01‑acre property on Shattuck Hill Road in Derby; Over 1,800 ft of road frontage with Residential 1 zoning; Water source: spring
    (802) 654-8500
    We can help!
    Listing Contact
    Hannah Burrill
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Shattuck Hill Road, Derby, VT 05829
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!