Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Bombardier Rd Milton, VT 05468

    • Commercial real estate
    • 20.86 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Bombardier Rd

    Lot size
    20.86 lot acres
    Property type
    Commercial real estate

    Description

    Exceptional 20.86-acre development opportunity in Milton, VT. This strategically located parcel boasts high-density zoning (6000 sqft per unit, plus a 50% density bonus), offering significant potential for a substantial residential project. Its prime location is adjacent to 30 acres of town recreation areas (soccer fields, baseball fields, dog park, and event spaces), a short walk from shopping and commercial establishments, and just blocks from schools and the town library. Municipal water and sewer are available, allowing for efficient and cost-effective development. Preliminary estimates suggest the potential for 90-100 units, subject to town approval. The property's ideal location and infrastructure make it well-suited for affordable housing or a mixed-use development of single-family homes and condos. Note that a neighboring 5.99-acre parcel (Lot #3) is slated for a 32-unit residential development, further enhancing the area's appeal and contributing to the construction of necessary road infrastructure, including connections to Willy's Lane. Natural gas will also be available at the road, and a new sewer pumping station is planned. Detailed zoning regulations, subdivision approval conditions, and plot plans are available upon request. This is a unique opportunity to capitalize on a thriving community and strong market demand.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1258
    Latitude
    44.6211

    Comparable in this City

    • Value Estimation by Request

      Milton, VT 05468

      COMMERCIAL (GENERAL)
      Milton, VT 05468
      View Details
    • Value Estimation by Request
      208 SF

      185 Mile Rd

      COMMERCIAL (GENERAL) • 208 SF
      185 Mile Rd, Milton, VT 05468
      View Details
    • Value Estimation by Request

      Milton, VT 05468

      COMMERCIAL (GENERAL)
      Milton, VT 05468
      View Details
    • Value Estimation by Request
      25.00 Acres

      22 Forbes Rd

      COMMERCIAL (GENERAL) • 25.00 Acres
      22 Forbes Rd, Milton, VT 05468-3224
      View Details
    • Value Estimation by Request
      25.79 Acres

      40 Sunset Ave

      COMMERCIAL (GENERAL) • 25.79 Acres
      40 Sunset Ave, Milton, VT 05468
      View Details
    • Value Estimation by Request
      2,087 SF

      46 Brandy Ln

      COMMERCIAL (GENERAL) • 2,087 SF
      46 Brandy Ln, Milton, VT 05468
      View Details

    Similar Nearby for Sale

    • $950,000
      28.03 Acres

      Prime Milton Industrial Land

      28 Acres, Route 7 Frontage, Utilities Available
      Unit Lot, Milton, VT 05468
      View Details
    • $650,000
      9.82 Acres

      Prime Milton Industrial Land

      9.82 Acres, I-2 Zoning, Route 7 Frontage
      Bartlett Rd Unit Lot, Milton, VT 05468
      View Details
    • $950,000
      21.10 Acres

      00 Unit Lot, Milton, VT 05468

      Commercial real estate • 21.10 Acres
      00 Unit Lot, Milton, VT 05468
      View Details
    • $150,000
      2.10 Acres

      Residential Land in Milton, VT

      Residential land for sale in Milton, VT. Build your dream home.
      2 Oakledge Ln, Milton, VT 05468
      View Details
    • $150,000
      1.86 Acres

      Residential Land in Milton, VT

      1.86 acre residential land for sale in Milton, Vermont.
      1 Oakledge Ln, Milton, VT 05468
      View Details
    • $550,000

      9.82-Acre Industrial Land Parcel

      Corner lot near I-89 with utilities available.
      Bartlett Rd Lot, Milton, VT 05468
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      28,000 SF

      Milton Flex Space For Lease

      28,000 SF flex building near I-89 in Milton, VT.
      115 Catamount Dr, Milton, VT 05468
      View Details
    • New
      Contact for pricing
      165,528 SF

      Visible Retail/Office Space in Milton

      Newly constructed retail or professional space with high visibility.
      28 Cornelia Ct, Milton, VT 05468
      View Details
    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.
    Bombardier Rd
    Milton, VT 05468
    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

    Google sign-in failed. Please try again or use another login method.