Two-Building Office
New
For Sale
Contact for pricing
478 Blair Park Rd, Williston, VT 05495
Remodeled office campus with flexible work areas, dedicated parking, and municipal utilities in place.
Property Size7,744 SF
Price / SF$219.52
Days on Market6
Property Features for 478 Blair Park Rd
General Information
Standard status
Active
Size
7,744 SF
Property subtype
OFFICE
Listing Agency:
V/T Commercial
(802) 343-0119
Listed By:
Tony Blake
(802) 343-0119
Source:
Moodyscre
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 3 at 1:36PM
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 V/T Commercial
Investment Insights
Based on property information with market context.
This office property comprises two buildings totaling 7,744 square feet on a 1.75-acre lot. The primary structure is a three-story, 1984 wood-frame building updated with Hardy Board siding, Marvin windows, heat pumps in most rooms, and a standing-seam metal roof. Interior features include individual offices, conference space, administrative areas, a kitchenette with dishwasher, multiple bathrooms, and a shower. A front deck and rear patio provide additional staff and meeting areas.
The separate 1,344-square-foot, two-story building was designed for garage, dry-storage, and office use. The site has municipal water and sewer, parking for 25 vehicles, a ChargePoint dual-port DC charger, 240 V/600 amps of single-phase power, and a wet sprinkler system. The parcel provides 432 feet of frontage on Blair Park Rd and is near Interstate 89 Exit 12. The property is currently occupied under a lease extending through Feb 2027 and is offered in as-is condition; the garage-to-office conversion is not fully complete.
The separate 1,344-square-foot, two-story building was designed for garage, dry-storage, and office use. The site has municipal water and sewer, parking for 25 vehicles, a ChargePoint dual-port DC charger, 240 V/600 amps of single-phase power, and a wet sprinkler system. The parcel provides 432 feet of frontage on Blair Park Rd and is near Interstate 89 Exit 12. The property is currently occupied under a lease extending through Feb 2027 and is offered in as-is condition; the garage-to-office conversion is not fully complete.
Key Highlights
- Two buildings totaling 7,744 SF on a 1.75‑acre lot
- Primary three‑story office building constructed in 1984 and recently remodeled
- Separate 1,344 SF two‑story garage, dry‑storage, and office building
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $185.9k | $24.00 |
| − Vacancy | −$40.9k | −$5.28 |
| EGI | $145.0k | $18.72 |
| − OpEx | −$36.2k | −$4.68 |
| NOI | $108.7k | $14.04 |
7,744 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,726 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,685 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
975
Businesses Nearby
Explore this area
Business Placement
Demographics for 05495, VT
10,897
Population
5,070
Households
2.1
Avg Household Size
44
Median Age
56%
College-Educated
96%
High-School Grad
34.3 sq mi
ZIP Area
318
Density / Sq Mi
$105,768
Median Household Income
$60,590
Median Earnings
$1,752
Median Rent
$431,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Remodeled office campus with flexible work areas, dedicated parking, and municipal utilities in place.
Where is this office building located?
The property is located at 478 Blair Park Rd Williston, VT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Two buildings totaling 7,744 SF on a 1.75‑acre lot; Primary three‑story office building constructed in 1984 and recently remodeled; Separate 1,344 SF two‑story garage, dry‑storage, and office building
