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Property profile & analytics
OFF-MARKET
Industrial properties

123 Park St Rutland, VT 05701-4710

1.92 ac lot
Entity Owned 10-yr Hold Free & Clear
Property ID
US89-0128147
Property summary
AI-generated overview

This exceptional 12,000-square-foot industrial property, located at 123 Park Street in Rutland, Vermont (05701), presents a rare opportunity. The single-tenant building, constructed in 1970 and extensively renovated in 2023, sits on a generous 1.92-acre lot, offering significant expansion potential. The building features a 14-foot ceiling height, ideal for various uses. Loading and unloading are facilitated by two loading docks and two dock-high doors, complemented by one drive-in door. Ample parking is available, accommodating 16 to 20 vehicles. The property boasts 3-phase power, making it suitable for a range of industrial applications. Its zoning is designated as industrial, allowing for flexibility in its future use. The building's central Rutland location provides excellent accessibility and visibility. This versatile space is well-suited for light manufacturing, machining, retail, showroom operations, or similar businesses seeking a spacious and well-maintained facility with ample outdoor space. The recent renovations ensure a modern and efficient workspace. This is a truly unique opportunity to acquire a prime industrial property in a desirable Vermont location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.92 ac (83,635 SF)
APN (170) 14840
UPID US89-0128147
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
Current use
Occupant on record · Public records
  • VMS - Fulfillment, Assembly and Warehousing Warehouse & Storage
  • Bike Solutions | Vertical Bike Rack | Bike Hangers Bicycle Rack Bicycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bt Newyo LLC · 10 yrs held
Bt Newyo LLC
since 2016
4 recorded transactions
2016
$175,000
2011
$190,000
2011
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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