30 Precision Drive
30 Precision Dr | North Springfield, VT 05150
$2,500,000
Sale Price
Property Details
| Sale Price: | $2,500,000 |
| Year Built: | 1994 |
| Property Type: | Industrial |
| Building Size: | 48,812 SF |
Property Description
PRICE REDUCTION! We are pleased to present 30 Precision Drive, North Springfield, VT for sale with partial leaseback. Built in 1994 and expanded in 2006, this 48,812 SF industrial property is situated on 19 level acres, 7 acres of which are fully fenced-in with gated access and partially paved. The building is comprised of 5,501 SF of newly renovated office space, and 43,311 SF of industrial/ warehouse/ manufacturing space. The Seller of this well-maintained property would look to leaseback approximately 28,000 SF for a 5-year term.
Location Description
The property is conveniently located in Precision Industrial Park with easy access via I-91. This location is within a qualified census tract, and is designated as both an Opportunity Zone, and an authorized HUB Zone Area. Additionally, Hartness Field (VTF), a State of Vermont airport, is one mile away.
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| 1 Miles | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total households | 260 | 1,937 | 4,906 |
| Total population | 499 | 3,609 | 8,735 |
| Population white | 94.0% | 92.8% | 93.8% |
| Population black | 1.0% | 1.9% | 1.6% |
| Population hispanic | 2.8% | 1.5% | 0.8% |
| Population asian | 0.0% | 0.2% | 0.2% |
| Population pacific islander | 0.0% | 0.0% | 0.0% |
| Population american indian | 0.0% | 0.1% | 0.2% |
| Population other | 1.6% | 1.1% | 0.6% |
| Persons per household | 1.9 | 1.9 | 1.8 |
| Average household income | $56,759 | $57,717 | $52,648 |
| Average house value | $151,506 | $164,338 | $168,635 |
| Average age | 52.4 | 50.2 | 50.4 |
| Average age male | 55.6 | 51.2 | 51.4 |
| Average age female | 52.2 | 49.6 | 48 |