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    23 Patchen Rd South Burlington, VT 05403

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    For Lease
    $30 SF/Yr ($4,000 /Mo)

    Stand alone office building with easy access to airport.

    Property size:
    1,560 SF
    Lot size:
    0.20 Acres

    Property Features for 23 Patchen Rd

    General Information

    Size
    1,560 SF
    Lot size
    0.20 Acres

    Source: V/T Commercial Agent Linda I Letourneau

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

    Overview

    South Burlington Stand Alone Office

    This stand alone office building is located in South Burlington, providing convenient access to the airport and highway. The property, formerly the home office of Kittredge Mortgage for many years, features two stories plus a lower level. The layout includes multiple offices, conference rooms, and an open area. A kitchen and breakroom are located in the lower level, along with storage space. On-site parking is available. The property offers signage opportunities on Patchen Road and features curb appeal. The building has a total area of 1560 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1717458
    Latitude
    44.4676906

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    FAQs

    What type of property is this?
    Office building - Stand alone office building with easy access to airport.
    Where is this office building located?
    The property is located at 23 Patchen Rd South Burlington, VT.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location in S Burlington with easy access to the airport and highway.; - Stand-alone office building.; - Multiple offices, conference rooms, and open area.
    (802) 343-2107
    Request Owner's contact information
    23 Patchen Rd South Burlington, VT 05403
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    Realmo Value Estimation

    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.

    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.

    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
    23 Patchen Rd South Burlington, VT 05403
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