14
See all 14 photos
Listed by Nicholas Maclure • Century 21 Farm & Forest
$349,900
Est. payment /mo
3.21 Acres Lot
New
0 Route 5 Derby, VT 05829
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5110323
Annual Tax Amount $6,082
Tax Year 2026
Lot Size 3.210 Acres
Acres 3.21
Property Description
Prime commercial development opportunity along the heavily traveled US Route 5 corridor between Newport and Derby. This 3.21-acre parcel offers approximately 459' of road frontage and an outstanding location in the heart of one of the Northeast Kingdom's primary retail and commercial districts. The property directly backs up to Walmart Supercenter and is just a few hundred yards from its main entrance, with North Country Federal Credit Union across Route 5, the Law Office of Gregory Howe to the east, and Green Mountain Electric to the west. The gently sloping, primarily open site offers excellent visibility and access to the Newport-Derby market, with convenient proximity to Interstate 91 Exit 28. The seller previously completed conceptual planning showing the potential for a 10,000-square-foot retail building along with a detached 5,000-square-foot warehouse, providing a useful starting point for evaluating future development. The Newport-Derby corridor is specifically identified by the Town of Derby for regional retail and commercial development and has become the area's primary concentration of national retailers, restaurants, financial services, professional offices, and other commercial uses. The property is also located within the service area of Foreign Trade Zone 286, which may provide potential benefits to qualifying businesses involved in importing or manufacturing. With 3.21 acres, substantial Route 5 frontage, strong traffic exposure, neighboring commercial development, and a location immediately adjacent to Walmart, this is a compelling site for retail, restaurant, office, service, warehouse, or other commercial development. Buyers should confirm proposed uses, permitting, utilities, access, and Foreign Trade Zone eligibility.
Location
State VT
County Vt-orleans
Area Vt-Orleans
Zoning Commercial
Exterior
Utilities Available Telephone Available
Building
Sewer Public Sewer at Street
Schools
Elementary Schools Derby Elementary
Middle Schools North Country Junior High
High Schools North Country Union High Sch
School District North Country Supervisory Union
GET MORE INFORMATION