Property profile

6 Simino Ln Irasburg, VT 05845

FOR SALE
Manufacturing properties
Property ID
US89-0260724
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Property summary

AI-generated overview

Operational sawmill in Irasburg, VT available for sale. Turnkey opportunity with the sale including the real estate, equipment, business & goodwill. The Piette Sawmill sits on 11.16 acres and has 5 buildings totaling 15,265 SF+/- that includes: 1) 7,865 SF Operational Mill-121'x65', 2) 2,880 SF Metal Shop-48'x60', 3) 2,400 SF Dry Kiln-30'x80', 4) 1,800 Stick Shop-36'x50' and 5) 320 SF New Post & Beam Office. Current owner/user has produced 30K+/- board feet/day of custom pine or hardwood lumber products and various sized beams. Byproducts include sawdust sales. This turnkey operation includes everything needed to go from logs to products: log load deck, debarker HMC & computer, computer saw carriage, enclosed saw booth, hydraulic saw, conveyor belts, Cardinal edger, green chain conveyor, chipper, lumber conveyor, sawdust blowers & loading dock, dry kiln able to hold 140k+/- board feet w/ hydraulic retractable doors, heavy power (480V), fuel tanks, misc. tools, loader storage, planer, multiple office areas. Land is mostly level allowing lumber & truck loading. Seller is willing to assist with mill operations for a negotiable period of time after the sale. Buyer shall have a +$200K purchase option for 10 Simino Lane (homestead) which includes a 3500+ sq.ft single family home with 6 beds/2 baths, attached 24'x30' two-stall garage, a detached 35'x60' workshop/garage, its own drilled well & septic, and is set on 4.9 acres. All measurements are approx. bikeScore: 2, Somewhat Bikeable walkScore: 0, Car-Dependent

Property profile

Verified
Property type Manufacturing properties
UPID US89-0260724

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6 Simino Ln Irasburg, VT 05845
Irasburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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