This 41-acre parcel is zoned for Commercial Use offering fantastic views of Lake Memphremagog, Jay Peak, Willoughby Gap and overlooking downtown Newport. Land is located in both Derby (13.2A) & Newport (27.6A) offering many possibilities. Conceptual drawing available for a 7-lot subdivision with onsite water & sewer. This property abuts Newport Country Club and the I-91 access road. It is also well suited for residential development but it would require rezoning. This property is located within the Foreign Trade Zone which could reduce the costs of imports for your business. Finally, a project could qualify for New Market Tax Credits. A Must See property. Two (2) shareholders are Vermont Real Estate Brokers. See also MLS#4852408.