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Property profile & analytics
OFF-MARKET
Commercial real estate

Bombardier Rd Milton, VT 05468

20.86 ac lot
Property ID
Property summary
AI-generated overview

Exceptional 20.86-acre development opportunity in Milton, VT. This strategically located parcel boasts high-density zoning (6000 sqft per unit, plus a 50% density bonus), offering significant potential for a substantial residential project. Its prime location is adjacent to 30 acres of town recreation areas (soccer fields, baseball fields, dog park, and event spaces), a short walk from shopping and commercial establishments, and just blocks from schools and the town library. Municipal water and sewer are available, allowing for efficient and cost-effective development. Preliminary estimates suggest the potential for 90-100 units, subject to town approval. The property's ideal location and infrastructure make it well-suited for affordable housing or a mixed-use development of single-family homes and condos. Note that a neighboring 5.99-acre parcel (Lot #3) is slated for a 32-unit residential development, further enhancing the area's appeal and contributing to the construction of necessary road infrastructure, including connections to Willy's Lane. Natural gas will also be available at the road, and a new sewer pumping station is planned. Detailed zoning regulations, subdivision approval conditions, and plot plans are available upon request. This is a unique opportunity to capitalize on a thriving community and strong market demand.

Property profile
Verified
Property type Commercial real estate
Lot 20.86 ac (908,662 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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