Financial
Distress signals
Property profile

38 Eastwood Dr S Burlington, VT 05403

FOR LEASE
Office Spaces
Property ID
US89-0138715
42,160 SF 3.41 ac lot Built 1997
Last sale Dec 2024 · $6,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$99k
Tax billed · 2020
Assessed value · 2022$5.24M
Assessed improvement$5.24M
Effective rate1.89%

Value estimate

· Sep 2026
$6.00M
$5.40M – $6.60M
AI approach$6.00M
CAP approach$6.25M
Submarket $/SF estimate$7.46M
NOI build-up
Gross scheduled income$59k
Vacancy & credit loss−$13k
Operating expenses−$12k
NOI · 216,037.50% cap applied$35k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$223/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$139 – $307

Cap rate analysis

How does the asset earn?
216,037.50%
$35k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSOUTH BURLINGTON TWP

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office11.1
Parking Facility10.5
Nail Salon10.3

Location

38 Eastwood Dr S Burlington, VT 05403
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
118 Tilley, South Burlington, VT 05403-4450 $6,050,000 Dec 2025 28,000 SF
350 Tilley, South Burlington, VT 05403-4539 $15,101,248 Jul 2023 54,868 SF
46 Bowdoin, South Burlington, VT 05403-8800 $3,575,000 Dec 2021 18,325 SF
19 Gregory, South Burlington, VT 05403-6047 $440,000 Dec 2020 12,537 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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