Bombardier Rd Milton, VT 05468
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.
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
Similar Nearby for Sale
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.