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    20 Pine St Burlington, VT 05401

    Sponsored
    For Sale
    $8,500,000

    2.2-acre commercial lot, ideal for redevelopment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.2-acre commercial development site, located at 20 Pine Street in Burlington, Vermont, presents a compelling investment opportunity. Zoned FD6, this property offers significant potential for a variety of projects tailored to the thriving Burlington market. The site currently features a 14,698 square foot single-story building, providing flexibility for continued use or complete redevelopment. The existing structure presents an immediate opportunity for adaptive reuse or could be demolished to make way for a new construction project. Situated in Chittenden County, with a Burlington, VT 05401 zip code, this location benefits from excellent access to transportation networks and a vibrant urban environment. The asking price for this prime development land is $8,500,000. This is a rare opportunity to acquire a substantial parcel in a highly desirable area, offering significant upside potential for the discerning investor. The property's size and zoning provide ample room for creative development, allowing for a wide range of possibilities to meet the demands of the local market. Don't miss this chance to secure a piece of Burlington's dynamic commercial landscape.

    Property Features for 20 Pine St

    General Information

    Property type
    Land
    Lot Size
    95,832 SF

    HighLights

    • $8,500,000 asking price.
    • 2.2‑acre commercial development site.
    • Located at 20 Pine Street, Burlington, VT 05401.
    • FD6 zoning.
    • Existing 14,698 sq ft building on site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2149398
    Latitude
    44.479764

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    FAQs

    What type of property is this?
    Land - 2.2-acre commercial lot, ideal for redevelopment.
    Where is this land located?
    The property is located at 20 Pine St Burlington, VT.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: $8,500,000 asking price.; 2.2-acre commercial development site.; Located at 20 Pine Street, Burlington, VT 05401.
    (802) 862-6880
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    20 Pine St Burlington, VT 05401
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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
    20 Pine St Burlington, VT 05401
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