389A Route 9 Wilmington, VT 05363
This exceptional 0.23-acre commercial land parcel, located at 389A Route 9 West in Wilmington, Vermont (zip code 05363), presents a unique investment opportunity. Situated in Windham County, this property boasts a scenic woodland setting near Lake Whitingham and is conveniently adjacent to Route 9 West, close to High Country Marine. The lot size is approximately 10,019 square feet, with a land value of $213,043.48 per square foot. The permitted zoning is residential and commercial ("res comm"), offering flexibility for potential development. While the property currently lacks a perk test, future building potential exists, contingent upon a new owner conducting necessary testing. Potential lake views could be realized through selective clearing. Note that access requires establishing a right-of-way, and power must be introduced to the property. It's crucial to avoid using the adjacent driveway, as it's private and posted. This land is ideal for various uses, such as an off-grid cabin, garage, or shed for recreational equipment like water toys and snowmobiles. The asking price for this promising parcel is $29,000.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.