457 Swanton Rd Saint Albans, VT 05478-2611
This exceptional 13.8-acre parcel of land, located at 457 Swanton Road in Saint Albans City, Vermont (zip code 05478), presents a compelling investment opportunity. Designated as a growth center, this commercially zoned property offers a multitude of development possibilities. The land is situated in Franklin County and boasts convenient access to municipal water and sewer services, significantly reducing infrastructure development costs. The asking price is $2,195,000. Permitted uses under the current zoning include retail establishments, warehousing and distribution centers, mini-storage facilities, mobile home parks, and multi-family housing developments. This versatility makes it an attractive prospect for a wide range of investors and developers seeking to capitalize on the growing needs of the region. The property's substantial size and strategic location provide ample room for expansion and future development, making it an ideal choice for long-term investment and growth. The latitude and longitude coordinates are 44.9156012 and -73.0511921 respectively. This presents a rare opportunity to acquire a significant land holding in a thriving Vermont community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.