List Price: $1,350,000 | $967 per sq.ft. Commercial
Space type Business w/ Real Estate,Lodging
Date Listed Friday Aug 9, 2024 | MLS# 5008986


Address: 3722 Route 14S Randolph VT
Listed by Curtis Trousdale Preferred Properties Off: 802-862-9106
Description:
Fantastic income opportunity! This 109+/- acre parcel has 7 subdivided lots and is run as a cabin and tiny home AirBnB community. Currently 4 park model cabins, 1 tiny home, 1 yurt and 2 camp platforms producing a gross of about $156,000 per year (2024 estimate). Two undeveloped lots, one with a 2- bedroom septic permit and the other with soils showing substantial additional capacity. If these and the yurt lot had single park models, gross income may be well over $200,000 per year. Over 4000' of excellent roads, driveways, water lines, ECFiber, and DSL lines. Community enjoys a shared open recreation area, 0.5+/- acre pond, 22 acres of conserved land and lots of wooded uplands. Would be a great place for a retirement home on the upper lot with long distance views while managing the AirBnB community. Installed septic sites have not been maxed out, so there is room for organic growth on the existing systems. Currently owner managed and they are willing to teach new owners the ins and outs of the property. Up to date state and town permits, fully surveyed, utility drawings, and the engineer who designed everything is sill working and available for expansion. Future owner may take advantage of further subdivision. Future owner may also sell the lots independently. So much potential for expansion of cabins, campers, building lot or excellent just as it is.
Location : Abuts Conservation | Rural

Building Type : Business | Development | Hospitality | Investment | Land | Opportunity | Vacant Land

Misc : Furniture Included | Smoke/Heat Detectors

Sale Includes : Land/Building/Business

Features
Income
Net Income| 125042
Gross Income| 139048
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 2019
Price Per SQ.FT. 967.05 No. of Units: 5
Building Size : 1396
Building Type: Business | Development | Hospitality | Investment | Land | Opportunity | Vacant Land

ExteriorRoof: Corrugated | Metal

Interior

Land Information

Lot size: 109 acres
Zoned: Rural Ag
Surveyed: Yes
SurveyedBy: American Survey
Flood Zone: No
Garage And Parking: Driveway | On-Site
No. of Docks | 0.

UtilitiesHeating: Heat Pump
Cooling: Mini Split
Electric: On-Site | Underground
Utilities: Underground Utilities | Other
AC % | 100.

Additional Information
Docs Available : Access Permit | Aerials | Deed | Septic Design | State Wastewater Permit | Survey | Tax Map | Town Approvals | Town Permit
Easement - Yes
ROW Length: 1000
ROW Width: 50
Row For Other Parcel: N
Taxes $6,814
Assesed Value Not Reported
Schools

© 2000-2024 Big Green Real Estate
NEREN Logo
5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 1st, 2024

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM