Tbd Park Ln Ferrisburgh, VT 05456
This exceptional 4.17-acre commercial lot in Ferrisburgh, Vermont, presents a unique investment opportunity. Strategically situated at the intersection of US Route 7 and VT Route 22A, this property enjoys unparalleled visibility and accessibility. Its proximity to the Ferrisburgh Park & Ride and Amtrak station ensures high traffic volume and convenient transportation links. The property is already permitted by both the Town of Ferrisburgh and Vermont Act 250 for the construction of a 5,375 square foot light manufacturing building incorporating an apartment. This significantly reduces the time and expense associated with new construction, allowing a new owner to capitalize on the existing approvals with minimal adjustments. The lot is zoned for industrial use, but Ferrisburgh's zoning regulations also permit certain commercial applications. Adding further value, the sale includes a half-interest in 25.54 acres of conserved agricultural land, providing a unique blend of commercial and conservation elements. This property offers a rare combination of prime location, existing permits, and potential for diverse uses, making it an ideal investment for developers and entrepreneurs seeking a ready-to-build site in a desirable Vermont location. The scenic setting, adjacent to the Addison County Chamber of Commerce, further enhances the property's appeal. The asking price is $350,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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