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Property profile & analytics
OFF-MARKET
Estimated value
$9,505,000
Industrial properties
110 Riggs Rd Hinesburg, VT 05461-4453
Individually Owned
8-yr Hold
Free & Clear
Property ID
US89-0289033
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2003
Total area
69,565 SF
Lot
6.89 ac (300,128 SF)
APN
(093) 000851
UPID
US89-0289033
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.15M
CAP Approach
CAP
$9.77M
Comparable Approach
Comparable
$7.10M
Blend (final)
Blend
$9.51M
Owner & transaction history
Town Of Hinesburg · 8 yrs held
Town Of Hinesburg
since 2017
Last sale
$10.0M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$10.3M
+115.2%
Medical building
$9.7M
+102.3%
Auto repair, garage
$8.4M
+74.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hinesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hinesburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$8,605,000
ML approach
$9,145,000
CAP Approach
CAP Return
Estimation
6%
$10,585,000
6.5%
$9,770,000
7%
$9,070,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$10,325,000
Change: +115% · Conversion: Difficult
MEDICAL BUILDING
$9,710,000
Change: +102% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,375,000
Change: +74% · Conversion: Easy
RESTAURANT
$8,140,000
Change: +70% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,190,000
Change: +50% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,195,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$9.51M
Range $8.55M – $10.46M · ±10% · vs last sale $10.00M (Nov 11 2021)
Last sale anchor
$10.00M
Nov 11 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$137 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$182,304
Tax year 2022
Assessed value
$8,102,400
Assessed 2022
Previous assessed
$8,102,400
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$346,900
Assessed improvement
$7,755,500
Applied tax rate
93.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
HEAT PUMP
Buildings
1
Stories
2
Total area
69,565 SF
Lot
6.89 ac (300,128 SF)
APN
(093) 000851
UPID
US89-0289033
Jurisdiction
HINESBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$9.7M
AUTO REPAIR, GARAGE
Est. value
$8.4M
RESTAURANT
Est. value
$8.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.2M
COMMERCIAL (GENERAL)
Est. value
$6.2M
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
HEAT PUMP
Stories
2
Buildings
1
Lot
6.89 ac
Current owner
From public records · entity-resolved
Town Of Hinesburg
Individual
Free & Clear · 8 yrs held
Mailing address
110 RIGGS RD, HINESBURG, VT 05461-4453
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2017
—
Town Of Hinesburg
Owner Name Unavailable
Warranty Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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