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    Property profile & analytics

    1233 Shelburne Rd Ste C1 South Burlington, VT 05403-7780

    • Office Properties & Spaces
    • 2,544 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Last Sale
    Apr 09, 2021
    Location Intelligence
    Property ID
    US89-0141324
    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

    • Office Properties & Spaces

    Property Details for 1233 Shelburne Rd Ste C1

    Year built
    1987
    Lot size
    0.02 lot acres
    Property size
    2,544 SF
    Property type
    Office Properties & Spaces
    APN
    (188) 1540-1233C.001
    APU
    18815401233C001

    Description

    This exceptional 13,475 square foot, four-story Class B office building, located in the desirable Lakewood Commons area of South Burlington, offers multiple tenancy options. Built in 1923 and extensively renovated in 2020, the property boasts a blend of historic charm and modern functionality. Two spaces are currently available, ranging in size from 200 to 2,500 square feet, providing flexibility for businesses of various scales. The building features convenient on-site parking, eliminating the hassle of off-site parking searches. Its prime location offers easy access to downtown Burlington, Shelburne, Winooski, and Williston, with a 10-minute drive to Burlington and Shelburne, and a 15-minute drive to Winooski or Williston. The building is zoned for commercial use and includes one elevator for convenient access to all four floors. Rent includes utilities, common area cleaning, and maintenance, simplifying budgeting and operational management. This is an excellent opportunity to secure office space in a well-maintained, conveniently located building with a rich history and modern amenities. The property's strategic location and comprehensive amenities make it an ideal choice for businesses seeking a productive and comfortable work environment. Inquire today to learn more about available spaces and lease terms.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $400,000
      6.5%
      $395,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $350,000
      Mixed-Use
      $415,000
      Hospitality
      $410,000
      Educational
      $400,000
      Residential Income
      $315,000
      Energy
      $415,000
      Income-Based Land
      $355,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    South Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2124
    Latitude
    44.4354
    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
    2020
    $4,758
    $25,800
    $266,100
    $291,900
    -
    $0.00
    $0.00
    $0.00

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    South Burlington, VT 05403-7780
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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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