103 Troy St Richford, VT 05476-1029
- Showrooms
- 1.47 lot acres
Current Use by Public Records
- Showrooms
Property Details for 103 Troy St
- Lot size
- 1.47 lot acres
- Property type
- Showrooms
- APN
- (162) TR0103
- APU
- 162TR0103
Description
This 1,200 square foot commercial/industrial building in Richford, Vermont, sits on a spacious 1.47-acre lot, offering significant potential for a variety of uses. The property features a main lobby/office area with two desks and a bathroom. A recent addition includes two newly constructed office/meeting rooms with a separate entrance, providing flexibility for different business needs. A separate entrance leads to a sizable storage room, previously used as a kitchen and easily adaptable for that purpose again. The building's history includes use as a snack shack and, more recently, as office space. The current configuration reflects thoughtful renovations, including the enclosure of a covered deck to create the additional office/meeting rooms. Accessibility is enhanced by a newly installed handicap-accessible ramp. A concrete pad adjacent to the building presents further opportunities for expansion or outdoor use. The property's size and adaptable layout offer a compelling alternative to leasing commercial space, promising potentially higher returns on investment. The building's location in Richford, VT provides convenient access to local amenities and transportation routes. This property is priced at $149,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $75,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $90,000
- 6.5%
- $85,000
- 7%
- $85,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $80,000
- Geo Method
- $75,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $85,000
- Retail
- $70,000
- Mixed-Use
- $90,000
- Hospitality
- $85,000
- Educational
- $75,000
- Residential Income
- $90,000
- Energy
- $85,000
- Income-Based Land
- $90,000
- Food Service
- $85,000
Location Insight
- Map
- Local Demand
- City
- Richford
- County
- Franklin
- State
- Vermont
- Longitude
- -72.6703
- Latitude
- 44.9915
- CBSA code
- 15540
- CBSA name
- BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA