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Property profile & analytics

148 Prouty Dr Adamant, VT 05855

  • Assisted living facilities
  • 23,511 SF
  • 4.60 lot acres
For Sale
Last Sale
Sep 23, 2024
$740,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US89-0269477
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Newport Health Care & Rehab / Medical Clinic
  • Dr. Mark C. Meredith, MD / Physician

Property Details for 148 Prouty Dr

Year built
1972
Construction
FRAME
Lot size
4.60 lot acres
Property size
23,511 SF
Zone code
GR
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
(136) 106013
APU
136106013

Description

This exceptional 23,511-square-foot, single-story brick building presents a unique opportunity in Newport, Vermont. Situated on a secluded 4.6-acre lot, this property boasts mature landscaping and ample parking. Previously a 60-bed nursing home/facility, the building offers extensive interior space, including multiple reception areas, administrative offices, a full commercial kitchen, dining lounge, 4 single-occupancy rooms with private baths, 28 double-occupancy rooms with shared baths, a hair salon room, activity room, snack room, commercial laundry room, a physical therapy room, a large nursing station, medical closet, staff lounge, multiple large washrooms, maintenance crib, storage and supply closets, and dedicated mechanical and electrical rooms. Additional features include a two-car garage/maintenance shop, miscellaneous storage, and a medical waste shed. The property benefits from city water and sewer, robust 3-phase power (400 amp, 600V), a backup propane generator, and a wet sprinkler system. Zoned PHO (Newport, VT - Public Health Office), the property's approved uses are detailed in supplemental documents. Its strategic location offers close proximity to North Country Union High School and North Country Hospital, with nearby recreational trails. While the landlord prefers a long-term lease to a single, qualified tenant, the space can be subdivided.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $740,000
    ML approach
    $740,000
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $915,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newport
County
Orleans
State
Vermont
Longitude
-72.2017
Latitude
44.9539

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$51,340
$120,200
$1,600,900
$1,721,100
-
$0.00
$0.00
$0.00
More about this property
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