Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Second-Floor Class B Office Suite Title is generated by Realmo AI

    1563 Walloomsac Road, Bennington, VT 05201

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    COMMERCIAL - Bennington, VT

    Property size:
    2,000 SF
    Added:
    Aug 10, 2023
    Days on Market:
    1030
    Last Refresh:
    Jun 4 at 2:06 am

    Property Features for 1563 Walloomsac Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active

    Utilities

    Utilities
    Phone Available
    Water source
    Public

    We can help!

    Listing Contact
    Paul William Carroccio

    Listing agent Paul William Carroccio

    Listing office TPW Real Estate 4903 Main Street, Manchester, VT

    Listing date Aug 10, 2023

    MLS# 4965074

    Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,000 SF Class B office space on the 2nd floor at William H. Morse State Airport in Bennington, VT
    • Includes 6 private offices plus a reception/waiting area
    • Conference room and storage space included
    • Ample parking available
    • Lease includes utilities, A/C, and Cat5 throughout
    • Water source: public; phone service available

    Overview

    This offering is 2,000 square feet of Class B office space located on the second floor. The space includes six private offices, a reception/waiting area, and a conference room. It also features storage space and is served with A/C and Cat5 throughout. Lease includes utilities, which can simplify budgeting for day-to-day operations.

    The property is situated at the William H. Morse State Airport in Bennington, Vermont, at 1563 Walloomsac Road. On-site parking is available, supporting convenient access for employees, clients, and visitors.

    The layout is well suited for professional services teams that need dedicated workspaces plus a central reception and meeting room. With the conference room and reception/waiting area already built into the plan, the space can support client-facing operations and internal collaboration while taking advantage of the included utilities and in-place infrastructure such as A/C and Cat5.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Spa & Massage Center Hair Salon Nail Salon Bar & Pub Car Rental Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bennington
    County
    Bennington
    State
    Vermont
    Longitude
    -73.24619306
    Latitude
    42.8896107

    Nearby Similar for Lease

    • Contact for pricing

      Downtown Bennington Office Space Available

      Second-floor office space in downtown Bennington with utilities included.
      311 North Street, Bennington, VT 05201
      View Details
    • $8 SF/Yr

      Former Energizer Plant For Sale

      300,000 SF former Energizer plant in downtown Bennington.
      401 Gage St, Bennington, VT
      View Details
    • Contact for pricing
      2,045 SF

      Retail Space in Bennington Plaza

      Retail space available in renovated Bennington shopping plaza.
      214 Northside Dr, Bennington, VT
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Bennington Plaza

      Retail space available in renovated Bennington shopping center.
      210 Northside Dr, Bennington, VT
      View Details
    • $16 SF/Yr
      3,000 SF

      Retail Spaces in Bennington, Vermont

      Retail spaces available in a busy Bennington shopping center.
      135-141 Hannaford Sq, Bennington, VT
      View Details
    • $7 SF/Yr
      5,000 SF

      Bennington Airport Office Space Available

      5,000 SF Class B office space for lease.
      1563 Walloomsac Rd, Bennington, VT 05201
      View Details
    • Contact for pricing
      18,536 SF

      Retail Spaces with Drive-Thru

      Retail spaces available for lease, including drive-thru.
      95 Kocher Drive, Bennington, VT 05201
      View Details

    FAQs

    What type of property is this?
    Office units - Class B office space with multiple private offices, conference room, and parking, available on the second floor.
    Where is this office units located?
    The property is located at 1563 Walloomsac Road Bennington, VT.
    What are key features of this property?
    This property features: 2,000 SF Class B office space on the 2nd floor at William H. Morse State Airport in Bennington, VT; Includes 6 private offices plus a reception/waiting area; Conference room and storage space included
    (802) 366-1430
    We can help!
    Listing Contact
    Paul William Carroccio
    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
    1563 Walloomsac Road, Bennington, VT 05201
    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!