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    46 Diamond Run Mall Pl Rutland, VT 05701

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    46 Diamond Run Mall Pl Rutland, VT 05701


    • Commercial land
    • 77.91 lot acres
    Redevelopment Opportunity in Rutland, VT For Lease
    Contact for pricing

    Redevelopment Opportunity in Rutland, VT

    91 acres for redevelopment: retail, housing, hotel.

    46 Diamond Run Mall Pl, Rutland, VT 5701
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    Property ID
    US89-0028682
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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

    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

    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
    $40,020
    $2,300,000
    $0.00
    $2,300,000
    -
    $0.00
    $0.00
    $0.00
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    More about this property
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