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    Flex Warehouse with Retail Showroom Title is generated by Realmo AI

    5016 US Route 5, Derby, VT 05829

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    COMMERCIAL - Derby, VT

    Property size:
    11,140 SF
    Lot size:
    4.74 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for 5016 US Route 5

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    COMM - Derby
    Standard status
    Active
    Lot size
    4.74 Acres

    Utilities

    Utilities
    Propane
    Heating system
    Natural Gas, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1973
    Building materials
    Masonry, Steel Frame, Block Exterior, Combination Exterior
    Roof type
    Metal

    We can help!

    Listing Contact
    Dexter Degre

    Listing agent Dexter Degre

    Listing office Jim Campbell Real Estate 601 East Main Street, Newport, VT

    Listing date Apr 6, 2026

    MLS# 5082216

    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

    • 11,140 SF flex warehouse/retail showroom/office space for lease on busy US Route 5 (Derby Rd)
    • Includes 1,600 SF retail showroom fronting Derby Rd with wide‑open layout and 3 sides of windows
    • 7,000 SF 14' clear span warehouse with 17' ceilings; 70' x 100' footprint
    • Warehouse features: large trench drain, loading dock, and 2 drive‑ins (12'W x 14'H and 10'W x 12'H)
    • Office space totals ~2,540 SF with private and shared offices, IT/server room, and storage areas; 2 office/showroom baths
    • Ample truck‑friendly parking in a large paved yard; modified gross (MG) lease with tenant paying heat, electric, trash, and data/communications

    Overview

    This flex space combines retail showroom, warehouse, and office in one usable footprint. The front portion includes a 1,600 SF retail showroom with wide-open space and three-sided window exposure for natural light. Behind the showroom is a 7,000 SF warehouse with 17' ceilings, 14' clear span, and a large trench drain. The warehouse offers two drive-in doors, a loading dock, and three newer propane heaters, with a 3rd bathroom located in the warehouse area. The approximately 2,540 SF office space includes a mix of private offices and shared office areas, along with an IT/server room and multiple storage areas, supported by two bathrooms for the office/showroom.

    The property is located on busy US Route 5 (Derby Rd) in Derby, VT, and sits on a large paved yard with ample onsite parking. The yard is described as easily accessible for trucks, supporting a tenant operation that needs both customer-facing showroom space and loading convenience. Additional storage areas may be available for lease.

    Suitable for tenants seeking a warehouse environment with integrated office and customer presence, this configuration supports light industrial, distribution, or operations that benefit from showroom frontage and practical truck access. The landlord prefers a long-term lease with a well-qualified tenant. The agreement is a modified gross (MG) lease, with the tenant responsible for heat, electric, trash, data/communication services, and any additional contracted services, while the landlord covers property taxes, property insurance, water/sewer (capped), plowing, and lawn care.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Orleans
    State
    Vermont
    Longitude
    -72.1676967
    Latitude
    44.9495628

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    FAQs

    What type of property is this?
    Flex space - Lease a flex layout with retail showroom, 14' clear-span warehouse, and office space with truck-access drive-ins.
    Where is this flex space located?
    The property is located at 5016 US Route 5 Derby, VT.
    What are key features of this property?
    This property features: 11,140 SF flex warehouse/retail showroom/office space for lease on busy US Route 5 (Derby Rd); Includes 1,600 SF retail showroom fronting Derby Rd with wide‑open layout and 3 sides of windows; 7,000 SF 14' clear span warehouse with 17' ceilings; 70' x 100' footprint
    (802) 334-3400
    We can help!
    Listing Contact
    Dexter Degre
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    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.

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