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

    3092 Cold River Rd Rutland, VT

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Warehouse space adaptable for various uses with ample parking.

    Property size:
    7,000 SF
    Lot size:
    1.00 Acres

    Property Features for 3092 Cold River Rd

    General Information

    Size
    7,000 SF
    Lot size
    1.00 Acres

    We can help!

    Listing Contact
    Maureen Mcshane
    Source: Moodyscre

    Listing Agent: Maureen Mcshane

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

    Learn more

    Overview

    Versatile Warehouse with Unique Features

    This 7,000 square foot property, currently configured with a stage, auditorium, lobby with cafe and fireplace, small kitchen, state-of-the-art lighting, offices, classrooms, meeting spaces, and upgraded restrooms, offers versatile space. Originally designed as a warehouse, the current tenant has adapted it to include unique features. The property can continue with the existing tenant or be returned to its original warehouse configuration. Ample parking is available, with easy entrance and exit for both trucks and cars. The location provides convenient access to Route 7 via a traffic light.
    Location Intelligence

    Current Use by Public Records

    Theaters & concert halls

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Skin Care Clinic Department Store

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

    Similar Places Nearby

    Security Self Storage Inc, Self-Storage at U-Haul

    Location Insight

    • Map
    • Local Demand
    City
    Rutland
    County
    Orleans
    State
    Vermont
    Longitude
    -72.9759403
    Latitude
    43.638401

    Nearby Similar for Sale

    • New
      $610,000
      4,959 SF

      Renovated Income-Producing Rutland Triplex

      Turnkey triplex in Historic Rutland City with immediate cash flow.
      1 Nickwackett St, Rutland, VT 05701
      View Details
    • New
      $235,000
      0.11 Acres

      Rutland City Office Building

      Newer office building suitable for professional use or residential conversion.
      18 Chaplin Ave, Rutland, VT 05701
      View Details
    • $210,000
      2,576 SF

      Well-Maintained Multi-Family Home

      Charming multi-family home with great living space and rental potential.
      58 Crescent St, Rutland, VT 05701
      View Details
    • $825,000
      36,225 SF

      Redevelopment Opportunity with Restaurant Potential

      Redevelopment opportunity with existing restaurant, kitchen, and dairy bar.
      224 North Main St, Rutland, VT 05701
      View Details
    • $425,000

      Versatile Commercial Property in Rutland

      Two-story commercial property in Rutland's vibrant downtown district.
      62 Merchants Row, Rutland, VT 05701
      View Details
    • $475,000

      Rutland City Commercial Development Potential

      Industrial property with warehousing, storage, and residential development potential.
      2 Pine St, Rutland, VT 05701
      View Details
    • $1,100,000

      Versatile Industrial Building in Rutland

      11,808 sq ft industrial building on nearly 2 acres.
      123 Park St, Rutland, VT 05701
      View Details
    • $337,500
      4,874 SF

      Commercial Building on US Route 7

      Commercial building with heated area and detached storage barn.
      439 Us Route 7 N, Rutland, VT 05701
      View Details
    • $239,000

      Rutland City Commercial Opportunity

      Commercial building for sale in Rutland City, Vermont.
      22 Killington Ave, Rutland, VT 05701
      View Details
    • $100,000
      Pending

      Medical Office Condo For Sale

      Medical office condo near Rutland Regional Medical Center.
      69 Allen St, Rutland, VT 05701
      View Details
    • $190,000

      Professional Office Building Near Hospital

      Four-unit office building near Rutland Regional Medical Center.
      98 Allen St, Rutland, VT 05701
      View Details
    • $239,000

      Restaurant Opportunity with Existing Equipment

      Building with equipment suitable for deli or pizza shop.
      22 Killington Ave, Rutland, VT 05701
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse space adaptable for various uses with ample parking.
    Where is this warehouse located?
    The property is located at 3092 Cold River Rd Rutland, VT.
    What are key features of this property?
    This property features: - Versatile Space: Easily adaptable performance/office venue or warehouse.; - Existing High-End Improvements: Features a stage, auditorium, lobby with cafe and fireplace, kitchen, state-of-the-art lighting, offices, classrooms, meeting spaces, and upgraded restrooms.; - Ample Parking: Sufficient parking for trucks and cars.
    (802) 345-1252 Call to check price and availability
    Request Owner's contact information
    3092 Cold River Rd Rutland, VT
    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.
    3092 Cold River Rd
    Rutland, VT
    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
    3092 Cold River Rd Rutland, VT
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Maureen Mcshane
    (802) 345-1252 (802) 747-0000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!