46 Diamond Run Mall Pl, Rutland, VT 05701
- Commercial land
- 77.91 lot acres
Current Use by Public Records
- Five below / Grocery & Convenience Store
- Phenomenal Smoke Free Days / Medical Clinic
- Toy Factory / (Bike/Boat/Book/etc) Store / Arcade & Gaming Center
- Youth Chill Out Center / Charitable Organization / Social Service Agency
Property Details for 46 Diamond Run Mall Pl
- Lot size
- 77.91 lot acres
- Property type
- Commercial land
- APN
- (171) 00116-0046
- APU
- 171001160046
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 20, 2023 | $36,000 | Splash Holdings Vt Eco, LLC | Bai Rutland, LLC | Deed | — |
| Dec 31, 2013 | $4,357,143 | Bai Rutland LLC | Gccfc 2007 Gg11 Rutld Rtl | Grant Deed | — |
| Dec 31, 2012 | $1 | Gccfc Gg 11 Rutland Rtl | Gemini Diamond Run 28 LLC | Grant Deed · related | — |
| Aug 22, 2007 | $51,304,176 | H Gemini Diamond Run LLC | Diamond Run Mall LLC | Grant Deed · related | — |
Description
This exceptional 91-acre redevelopment opportunity presents a unique chance to reshape a prominent Rutland, Vermont location. Currently vacant, the former Diamond Run Mall boasts Act 250 approval, streamlining the permitting process for future development. The site's strategic location along heavily trafficked Routes 4 and 7 ensures high visibility and accessibility. Its proximity to Spartan Arena, a 38,000 square foot sports complex, further enhances its appeal. The property's adjacency to this thriving sports facility, which serves the local community and hosts the Division III Castleton Hockey Team, provides a built-in source of potential customers and foot traffic. Moreover, its location just 15 minutes from Killington Ski Resort, a major Northeastern tourist destination attracting millions annually, offers significant potential for attracting visitors and residents alike. The site is zoned for a variety of uses, including retail, housing, and hotel development, allowing for a flexible and potentially lucrative project. The existing Act 250 permit, with only minor amendments needed, significantly reduces the time and cost associated with obtaining necessary approvals. This presents a rare chance to capitalize on a prime location in Rutland, Vermont, the state's third-largest city, situated in the heart of a large regional trade area encompassing Rutland County and portions of several neighboring counties. This is a truly exceptional opportunity for a developer seeking a high-impact project in a vibrant and growing market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Rutland
- County
- Rutland
- State
- Vermont
- Longitude
- -72.9633
- Latitude
- 43.5802
- CBSA code
- 40860
- CBSA name
- RUTLAND, VT MICROPOLITAN STATISTICAL AREA
