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Property profile & analytics
OFF-MARKET
Investment properties

457 Swanton Rd Saint Albans, VT 05478-2611

2,398 SF 13.31 ac lot Built 1957
Individually Owned 9-yr Hold Free & Clear
Property ID
US89-0091158
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1957
Total area 2,398 SF
Lot 13.31 ac (579,784 SF)
APN (174) 000000RT00732
UPID US89-0091158
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Thomas M Carpenter · 9 yrs held
Thomas M Carpenter
since 2016
2 recorded transactions
2016
Price N/A
2005
$15,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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