Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    372 Hurricane Ln Williston, VT

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Efficient office suite with open space and conference room.

    Type:OFFICE
    Property size:
    2,448 SF
    Lot size:
    1.21 Acres
    Added:
    Sep 13, 2018
    Days on Market:
    2787
    Last Refresh:
    Apr 5 at 8:40 pm

    Property Features for 372 Hurricane Ln

    General Information

    Standard status
    Active
    Size
    2,448 SF
    Lot size
    1.21 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 372 Hurricane Ln Contact us

    We can help!

    Listing Contact
    Tony Blake

    Listing agent Tony Blake

    Listing office V/T Commercial

    Listing date Sep 13, 2018

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of V/T Commercial

    Overview

    Williston Office Space For Rent

    This Class A office space, located conveniently at Exit 12 in Williston, offers 2448 square feet for lease. The layout includes over 1200 square feet of wide open space suitable for 8 cubes, a 440 square foot conference room, a single office, a good-sized kitchenette, storage, and a bathroom. The space features large windows with views, good parking, and good signage, making it easy to find. T1 service, Fiber Optic, and Comcast are available in the building. The lease rate is $11 per square foot, with a CAM rate of $3.05 per square foot. Available November 1st.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williston
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1082
    Latitude
    44.4363

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      VT, Williston - Interstate Corporate Ctr

      300 Interstate Corporate Ctr, Williston, VT 05495
      View Details
    • Contact for pricing

      Williston Office Space For Lease

      Professional office space in Taft Corners, move-in ready.
      25 Bishop Avenue, Williston, VT 05495-7871
      View Details
    • $25 SF/Yr

      Office Suite at Maple Tree

      Private office suite for rent in Williston, Vermont.
      121 Connor Way, Williston, VT
      View Details
    • $12 SF/Yr

      Williston Office Suite For Rent

      Efficient office suite in Williston with convenient amenities and parking.
      380 Hurricane Ln, Williston, VT
      View Details
    • $14 SF/Yr

      Modern Office Space Available

      Recently built-out office space with natural light and amenities.
      20 Winter Sport Ln, Williston, VT
      View Details
    • $15 SF/Yr

      Williston Industrial/Retail Space Available

      Conveniently located industrial/retail space with existing infrastructure.
      740 Marshall Ave, Williston, VT
      View Details
    • $5,201/Mo

      Industrial Warehouse Space Available

      5,000 SF warehouse space with high bay and office.
      54 Echo Pl, Williston, VT
      View Details
    • $12 SF/Yr

      Williston Industrial Building For Rent

      Industrial building near Taft Corners with flexible warehouse space.
      128 Commerce St, Williston, VT
      View Details
    • $9 SF/Yr

      Williston Industrial Space For Lease

      Office and industrial space available in Williston, Vermont.
      458 Hurricane Lane, Williston, VT
      View Details
    • $20 SF/Yr

      Williston Office Suite For Rent

      Professional office suite in Williston with private offices.
      92-122 Zephyr Rd, Williston, VT
      View Details
    • $30 SF/Yr

      Retail Space in Maple Tree

      Retail space available in a popular shopping center.
      120-166 Sycamore St, Williston, VT
      View Details
    • $30 SF/Yr

      Retail Space in Maple Tree

      Retail space available in a popular shopping center.
      28 Walnut St, Williston, VT
      View Details

    FAQs

    What type of property is this?
    Office units - Efficient office suite with open space and conference room.
    Where is this office units located?
    The property is located at 372 Hurricane Ln Williston, VT.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Convenient location at Exit 12 in Williston.; Class A office space.; Wide open space suitable for 8 cubes, conference room, and private office.
    (802) 343-0119 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Blake
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!