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    Property profile & analytics

    1 Market Pl, Unit 14 Essex Junction, VT 05452-2943

    • Office Properties & Spaces
    • 1,000 SF
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US89-0180022
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • One Credit Union / Credit Union / Atm
    • Hair Graphix / Beauty Salon
    • Kristin M. Bartkiewicz, DPT / Physical Therapist / Physical Therapy Clinic
    • Essex Physical Therapy / Physical Therapist
    • Bessette Insurance Services Inc / Insurance Agency

    Property Details for 1 Market Pl

    Year built
    1983
    Property size
    1,000 SF
    Property type
    Office Properties & Spaces
    APN
    (067) 2047012-815
    APU
    672047012815

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $315,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $300,000
      Mixed-Use
      $285,000
      Hospitality
      $255,000
      Educational
      $305,000
      Residential Income
      $270,000
      Energy
      $315,000
      Income-Based Land
      $260,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Essex Junction
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.1347
    Latitude
    44.5064
    CBSA code
    15540
    CBSA name
    BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $2,876
    $0.00
    $121,800
    $121,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $200,000
      1,000 SF

      1 Market Pl, Unit 15

      CONDOMINIUM OFFICES • 1,000 SF
      1 Market Pl, Essex Junction, VT 05452-2943
      View Details
    • Value Estimation
      $395,000
      1,281 SF

      1 Market Pl, Unit 11

      CONDOMINIUM OFFICES • 1,281 SF
      1 Market Pl, Essex Junction, VT 05452-2942
      View Details
    • Value Estimation
      $270,000
      1,600 SF

      1 Market Pl, Unit 18

      CONDOMINIUM OFFICES • 1,600 SF
      1 Market Pl, Essex Junction, VT 05452-2942
      View Details
    • Value Estimation
      $465,000
      4,186 SF

      21 Carmichael St Ste, Unit 201

      CONDOMINIUM OFFICES • 4,186 SF
      21 Carmichael St Ste, Essex Junction, VT 05452-3186
      View Details
    • Value Estimation by Request
      990 SF

      Essex Town Marketplace

      Office Properties & Spaces • 990 SF
      0 Essex Town Marketplace, Essex Junction, VT 05452
      View Details
    • Value Estimation
      $275,000
      1,760 SF

      2 Market Pl Ste, Unit 1

      CONDOMINIUM OFFICES • 1,760 SF
      2 Market Pl Ste, Essex Junction, VT 05452-2928
      View Details

    Similar Nearby for Sale

    • $450,000
      2,672 SF

      Historic Building on Route 15

      Versatile property suitable for residential or commercial use.
      6 Carmichael St, Essex Junction, VT 05452
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      Essex Junction Land with Potential

      3+ acre level lot with development potential near Essex.
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    • $1,950,000
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      Industrial Property with Long-Term Tenant

      23,000 SF industrial building with single tenant through 2034.
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    • $450,000
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      Two-Unit Property in Essex Junction

      Two-unit property near Maple Street Park, ideal for owner occupancy.
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    • $2,650,000
      0.48 Acres

      Essex Junction Mixed-Use Investment

      Prime investment opportunity in Essex Junction's vibrant Five Corners.
      16-18 Lincoln St, Essex Junction, VT 05452
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    • $750,000
      30,000 SF

      Development Opportunity in Essex, VT

      Buildable lot in Price Chopper Plaza with drive-through potential.
      86 Center Rd, Essex Junction, VT 05452
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    Similar Nearby for Lease

    • Contact for pricing
      1,500 SF

      Essex Junction Executive Office Suite

      1500 SF Flex Space Available Now
      20 Susie Wilson Rd, Essex Junction, VT 05452
      View Details
    • $16 SF/Yr
      2,509 SF

      Office Suite Near Essex Experience

      Affordable office suite with eight offices and two conference rooms.
      5 Carmichael St, Essex Junction, VT 05452
      View Details
    • $8 SF/Yr
      38,800 SF

      Spacious Flex/Industrial Space Available

      Large floorplan office, flex, or industrial space for rent.
      19 Thompson Dr, Essex Junction, VT 05452
      View Details
    • $22 SF/Yr
      4,861 SF

      New Retail/Office Space Available

      New construction retail/office space in Essex Five Corners.
      17 Park St, Essex, VT 05452
      View Details
    • $12 SF/Yr
      2,800 SF

      Essex Junction Office/R&D Space

      2,800 SF space with AC, overhead door, natural light.
      5 David Dr, Essex Junction, VT 05452
      View Details
    • $5,500 /Mo
      4,899 SF

      Essex Junction Office/Warehouse Space

      Stand-alone office with connected warehouse near Five Corners.
      24 Pearl St, Essex Junction, VT 05452
      View Details
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    Essex Junction, VT 05452-2943
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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
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