Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    9.9 Acre Lot For Rent Title is generated by Realmo AI

    102 Kimball Ave, South Burlington, VT

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    9.9 acre lot for rent in South Burlington, Vermont.

    Type:LAND
    Lot size:
    9.90 Acres
    Added:
    Apr 2, 2025
    Days on Market:
    428
    Last Refresh:
    May 20 at 9:04 pm

    Property Features for 102 Kimball Ave

    General Information

    Standard status
    Active
    Lot size
    9.90 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 102 Kimball Ave Contact us

    We can help!

    Listing Contact
    Nicole Senecal
    Nicole Senecal

    Listing agent Nicole Senecal

    Listing office Omega Real Estate Associates

    Listing date Apr 2, 2025

    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 Omega Real Estate Associates

    HighLights

    • Large 9.9 acre lot.
    • Permitted land.
    • Located in the Mixed Industrial and Commercial zoning district.
    • Located in South Burlington, Vermont.
    • Located at the end of Comcast Way off of Shunpike Road.
    • Located within Chittenden County, Vermont.

    Overview

    This 9.9-acre lot is available for rent off Shunpike Road at the end of Comcast Way in South Burlington, Vermont. The permitted land is located in the Mixed Industrial and Commercial zoning district of South Burlington and is perfectly located within Chittenden County, Vermont.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.148
    Latitude
    44.4561

    Nearby Similar for Lease

    • $18 SF/Yr
      7,912 SF

      Freestanding Commercial Building For Lease

      7,912 SF commercial building suitable for office or educational use.
      1025 Airport Rd, South Burlington, VT 05403
      View Details
    • $500/Mo

      South Burlington Office Complex Suites

      Private offices available for lease in South Burlington complex.
      54 West Twin Oaks Ter, South Burlington, VT 05403
      View Details
    • $41 SF/Yr
      2,912 SF

      Former Sub Shop Retail Space

      Retail space with existing equipment and renovation plans.
      35 White St, South Burlington, VT
      View Details
    • $14 SF/Yr
      2,680 SF

      Class A Suburban Office Suite

      Class A office suite with multiple offices, conference room, bathroom.
      140 Kennedy Dr, South Burlington, VT
      View Details
    • $19 SF/Yr
      6,564 SF

      Retail Space in Blue Mall

      End-cap retail space in a vibrant, high-traffic location.
      150 Dorset St, South Burlington, VT
      View Details
    • $2,500/Mo
      3,200 SF

      South Burlington Office Space Available

      Attractive office space with loading dock access and ample parking.
      78 Ethan Allen Dr, South Burlington, VT
      View Details
    • $28 SF/Yr
      5,400 SF

      Stand Alone Retail Building

      5400 SF retail building on 1.55 acre site.
      1220 Shelburne Rd, South Burlington, VT
      View Details
    • Contact for pricing
      55,696 SF

      South Burlington Retail Space Available

      Retail space available in South Burlington with high traffic counts.
      155 Dorset Street, South Burlington, VT 05403
      View Details
    • $10 SF/Yr
      10,040 SF

      South Burlington Warehouse and Office

      Centrally located warehouse, retail, and office space for lease.
      1225 Airport Pkwy, South Burlington, VT
      View Details
    • $7,500/Mo
      15,400 SF

      Retail Pad Sites Available

      Multiple pad sites for lease in South Burlington shopping center.
      383 Fayette Dr, South Burlington, VT
      View Details
    • $30 SF/Yr
      1,560 SF

      South Burlington Stand Alone Office

      Stand alone office building with easy access to airport.
      23 Patchen Rd, South Burlington, VT
      View Details
    • $18 SF/Yr
      2,837 SF

      South Burlington Flex Space Available

      Flex space with office, bathroom, and open storage.
      10 Farrell St, South Burlington, VT
      View Details

    FAQs

    What type of property is this?
    Land - 9.9 acre lot for rent in South Burlington, Vermont.
    Where is this land located?
    The property is located at 102 Kimball Ave South Burlington, VT.
    What are key features of this property?
    This property features: Large 9.9 acre lot.; Permitted land.; Located in the Mixed Industrial and Commercial zoning district.
    (802) 999-9179 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Nicole Senecal
    Nicole Senecal
    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

    Thank You for Inquiry
    102 Kimball Ave, South Burlington, VT
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!