Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Former School Campus with Parking Title is generated by Realmo AI

    7892 Us Route 5, Westminster, VT 05159

    View on Map
    Claim this Listing
    For Sale
    $990,000

    Redeveloped former school campus with multiple classrooms, flexible spaces, and ample parking for education or adaptive reuse.

    Type:Commercial
    Added:
    Aug 14, 2025
    Days on Market:
    297
    Last Refresh:
    Jun 5 at 2:58 am

    Property Features for 7892 Us Route 5

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Paul William Carroccio

    Listing office TPW Real Estate

    Listing date Aug 14, 2025

    Source Poquetterealty

    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 TPW Real Estate

    HighLights

    • Former Compass School campus in Westminster, Vermont, with multiple classrooms and flexible studio/meeting spaces
    • Includes administrative offices and common areas suited for gatherings, dining, or creative use
    • Ample parking and versatile layouts designed for multiple education or adaptive‑use scenarios
    • Land includes landscaped grounds, open fields, and wooded perimeters
    • Located on Route 5 with visibility and access, with a central location near I‑91 and towns including Westminster, Bellows Falls, and Putney
    • Bankruptcy trustee approval required for sale

    Overview

    The property is the former Compass School campus, designed to function as a self-contained educational setting. The campus includes multiple classrooms, flexible studio and meeting spaces, administrative offices, and common areas suitable for gatherings, dining, or creative use. It also features beautifully landscaped grounds, open fields, and wooded perimeters that provide a private, park-like setting. Existing infrastructure includes ample parking and modern systems intended to support a variety of future campus-style uses.

    The campus sits on a picturesque stretch of Route 5 in Westminster, Vermont, with visibility and access noted as strong. The surrounding setting includes landscaped grounds and wooded perimeters, supporting a campus atmosphere while remaining accessible for operations. The remarks also note a central location near I-91 and proximity to Westminster, Bellows Falls, and Putney.

    For buyers and operators, this configuration can support a range of future uses beyond schooling, including another school or community organization, an arts center, a retreat, or a residential conversion, consistent with the versatile layouts already in place. Prospective buyers should note that the seller has filed bankruptcy and the sale is subject to bankruptcy trustee approval.
    Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Windham
    State
    Vermont
    Longitude
    -72.4363262
    Latitude
    43.122121

    FAQs

    What type of property is this?
    School - Redeveloped former school campus with multiple classrooms, flexible spaces, and ample parking for education or adaptive reuse.
    Where is this school located?
    The property is located at 7892 Us Route 5 Westminster, VT.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: Former Compass School campus in Westminster, Vermont, with multiple classrooms and flexible studio/meeting spaces; Includes administrative offices and common areas suited for gatherings, dining, or creative use; Ample parking and versatile layouts designed for multiple education or adaptive‑use scenarios
    We can help!
    Listing Contact
    Paul William Carroccio
    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
    7892 Us Route 5, Westminster, VT 05159
    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!