This 41-acre parcel is zoned for Commercial Use offering fantastic views of Lake Memphremagog, Jay Peak, the Willoughby Gap and overlooking downtown Newport. Land is located in both Derby & Newport offering many possibilities. Conceptual drawing available for a 7-lot subdivision with onsite water & sewer. Property abuts the Newport Country Club and the I-91 Access Road. This property is located within the Foreign Trade Zone which could reduce the costs of imports for your business, and an Federally designated Opportunity Zone. Finally, a project could qualify for New Market Tax Credits. A Must See property. Two (2) shareholders are Vermont Real Estate Brokers.