Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    117 Parker Rd Barre, VT 05641

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,922,815

    New warehouse with long-term lease and annual rental increases.

    Property size:
    7,653 SF
    Lot size:
    24.07 Acres

    Property Features for 117 Parker Rd

    General Information

    Size
    7,653 SF
    Lot size
    24.07 Acres

    We can help!

    Listing Contact
    Glen Kunofsky
    Glen Kunofsky
    Source: Moodyscre

    Listing Agent: Glen Kunofsky

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

    Learn more

    Property Insight Report

    Overview

    New Barre Warehouse For Sale

    This property features a warehouse with a long-term, 10-year double net (NN) lease. Construction was completed in June 2024, leaving approximately 9.9 years remaining on the lease term. The lease includes two percent (2.00%) rental increases occurring annually. The tenant has two (2), five (5)-year renewal options, potentially extending the lease term to 20+ years. The property contains 7,653 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Accounting Firm Furniture Store Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Barre
    County
    Washington
    State
    Vermont
    Longitude
    -72.4808264
    Latitude
    44.1760519

    Nearby Similar for Sale

    • $365,000
      2,800 SF

      Barre Multi-Unit Investment Opportunity

      Multi-family property with income potential in a convenient location.
      12 Morin Rd, Barre, VT 05641
      View Details
    • $169,000
      2,800 SF

      Barre City Triplex Opportunity

      Triplex with income potential on a double lot.
      12 Pleasant St, Barre, VT 05641
      View Details
    • $247,000
      2,548 SF

      Updated Duplex in Barre City

      Well-maintained duplex with recent updates, ideal for investors.
      31 Granite St, Barre, VT 05641
      View Details
    • $199,000
      1,801 SF

      Barre City Multi-Family Opportunity

      Two-unit property near downtown with investment and occupancy potential.
      119 Prospect St, Barre, VT 05641
      View Details
    • $265,000
      4,026 SF

      Downtown Barre City Multi-Family

      Four-unit multi-family property in downtown Barre City, Vermont.
      24 Jefferson St, Barre, VT 05641
      View Details
    • $237,500
      3,426 SF

      Barre City Duplex with Barn

      Well-maintained duplex with barn, close to downtown Barre City.
      19 Branch St, Barre, VT 05641
      View Details
    • $229,000

      Versatile Commercial Building on Route 14

      Well-maintained commercial building with showroom, workshop, and office space.
      323 East Montpelier Rd, Barre, VT 05641
      View Details
    • $200,000
      2,338 SF

      Historic Barre Train Station Depot

      Stand-alone, gutted 2,338 SF building on 0.25 acre lot.
      56 Depot Sq, Barre, VT 05641
      View Details
    • $300,000

      Immaculate Two-Unit Building For Sale

      Two-unit building with updated finishes and excellent rental history.
      36 Birch St, Barre, VT 05641
      View Details
    • $244,000

      Barre City Duplex Investment Opportunity

      Well-maintained duplex in Barre City with income potential.
      32 Jefferson St, Barre, VT 05641
      View Details
    • $850,000
      1,500 SF

      1.2 Acre Site on 302

      1.2 acre site on major traffic route in Berlin, VT.
      1060 Us Route 302, Barre, VT 05641
      View Details
    • $279,000

      Barre City Duplex Investment Opportunity

      Duplex in Barre City, renovated unit, investment opportunity.
      24 Maple Ave, Barre, VT 05641
      View Details

    FAQs

    What type of property is this?
    Warehouse - New warehouse with long-term lease and annual rental increases.
    Where is this warehouse located?
    The property is located at 117 Parker Rd Barre, VT.
    What is the asking price?
    The asking price for this property is $3,922,815.
    What are key features of this property?
    This property features: - Long-Term, 10-Year Double Net (NN) Lease; - Approximately 9.9 Years Remaining on Lease; - Construction Completed in June 2024
    (332) 345-2408
    Request Owner's contact information
    117 Parker Rd Barre, VT 05641
    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.
    117 Parker Rd
    Barre, VT 05641
    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
    117 Parker Rd Barre, VT 05641
    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!
    Listing Contact
    Glen Kunofsky
    Glen Kunofsky
    (332) 345-2408
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.