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    145 Citizens Rd Derby, VT 05829

    Sponsored
    For Lease
    Contact for pricing

    Versatile Office/Warehouse, 7,000 sq ft

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Derby, Vermont commercial property at 145 Citizens Road offers 7,000 square feet of versatile space, ideal for a variety of businesses. The single-tenant building features approximately 2,678 square feet of vacant space, comprising roughly 1,620 square feet of renovated office space with 8'6" ceilings and 1,058 square feet of heated warehouse/garage space boasting 12' ceilings and three 9' x 8' overhead doors. Office renovations include new paint and flooring, a waiting area, private office, IT room, bathroom, large open workspace, and two interior offices. The 1.23-acre lot provides ample parking and convenient I-91 access. Additional features include a drive-thru canopy, prominent signage, and a paved driveway. The property is zoned Commercial/Industrial, is fully handicapped accessible, and benefits from a great location between Newport and Derby. The lease is $3,300 per month NNN. The landlord is seeking a qualified tenant with strong references and a long-term lease commitment. Partial leasing of office or warehouse space may be considered. Built in 1989, this one-story building offers 3-phase power.

    Property Features for 145 Citizens Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF

    Building Details

    Year Built
    1989
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,678 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Spa & Massage Gym & Fitness Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    Orleans
    State
    Vermont
    Longitude
    -72.0749941
    Latitude
    44.9471455

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    FAQs

    What type of property is this?
    Distribution property - Versatile Office/Warehouse, 7,000 sq ft
    Where is this distribution property located?
    The property is located at 145 Citizens Rd Derby, VT.
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    145 Citizens Rd Derby, VT 05829
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    Realmo Value Estimation

    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.

    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.

    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
    145 Citizens Rd Derby, VT 05829
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