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Property profile & analytics
OFF-MARKET
Land

389A Route 9 Wilmington, VT 05363

0.23 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.23 ac (10,019 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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