Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    131 Main St, Unit C1 Burlington, VT 05401-5603

    • Office Properties & Spaces
    • 7,319 SF
    OFF-MARKET
    Value Estimations
    $1,285,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US89-0061812
    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

    • Bothfeld & Volk PC: Bothfeld Richard C / Law Firm
    • Jack Cary / IT Consulting Firm / (Bike/Boat/Book/etc) Store
    • Steeler Auto Transport / Trucking Company
    • Vermont House / Condominium Complex
    • Volunteers For Peace / Association / Organization

    Property Details for 131 Main St

    Year built
    1900
    Property size
    7,319 SF
    Zone code
    DT
    Property type
    Office Properties & Spaces
    APN
    (035) 049-3-095-005
    APU
    350493095005

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,825,000
      6.5%
      $1,685,000
      7%
      $1,565,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,314,000
      Market price range: $636k - $1.58M
      AI Estimate
      $858,000
      Market price range: $391k - $1.33M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,240,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,790,000
      Change: +45% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,630,000
      Change: +32% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2136
    Latitude
    44.4755
    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
    2022
    $24,538
    $0.00
    $1,161,300
    $1,161,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $760,000
      6,160 SF

      100 Main St Ste, Unit 2

      CONDOMINIUM OFFICES • 6,160 SF
      100 Main St Ste, Burlington, VT 05401-7704
      View Details
    • Value Estimation
      $7,525,000
      63,522 SF

      444 Pne St, Unit 2

      CONDOMINIUM OFFICES • 63,522 SF
      444 Pne St, Burlington, VT 05401-4854
      View Details
    • Value Estimation
      $1,775,000
      9,425 SF

      76 Saint Paul St, Unit 6

      CONDOMINIUM OFFICES • 9,425 SF
      76 Saint Paul St, Burlington, VT 05401-4470
      View Details
    • Value Estimation by Request
      75,000 SF

      76 St Paul St

      Office Properties & Spaces • 75,000 SF
      76 St Paul St, Burlington, VT 05401
      View Details
    • Value Estimation by Request

      187 St Paul St

      Office space
      187 St Paul St, Burlington, VT 05401
      View Details
    • Value Estimation
      $775,000
      4,682 SF

      65 Main St Ste, Unit 401

      CONDOMINIUM OFFICES • 4,682 SF
      65 Main St Ste, Burlington, VT 05401-8683
      View Details

    Similar Nearby for Sale

    • $250,000
      5,200 SF

      Historic Adams School Office Condo

      Unique office condo in historic Adams School building.
      444 S Union St, Burlington, VT 05401
      View Details
    • $1,350,000
      3,200 SF

      Historic Office Building For Sale

      Historic office building with modern conveniences, near UVM and downtown.
      286 College St, Burlington, VT 05401
      View Details
    • Contact for pricing

      Burlington Vermont State Property

      State of Vermont property in Burlington's Central Business District.
      108 Cherry St, Burlington, VT 05401
      View Details
    • $689,900

      Burlington Specialty Property For Sale

      Specialty property available for purchase in Burlington, Vermont.
      512-514 Saint Paul St, Burlington, VT 05401
      View Details
    • $425,000

      Burlington Specialty Property For Sale

      Specialty property available for purchase in Burlington, Vermont.
      240 North Willard St, Burlington, VT 05401
      View Details
    • $545,000

      Updated Duplex in Prime Location

      Burlington duplex with renovated units, convenient to downtown and waterfront.
      410 Saint Paul St, Burlington, VT 05401
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      4,666 SF

      Renovated Office Space in Burlington

      Renovated office space in historic downtown Burlington landmark building.
      210 College St, Burlington, VT 05401
      View Details
    • $1,750 /Mo
      400 SF

      Historic Office Suite For Rent

      Two-office suite with waiting room near Burlington's waterfront.
      35 King St, Burlington, VT 05401
      View Details
    • $1,200 /Mo
      650 SF

      Historic Church Street Retail/Office Space

      Second floor retail or office space in historic location.
      30 Church St, Burlington, VT 05401
      View Details
    • $825,000
      2,731 SF

      Class A Office Suite

      Well-maintained office space near Church Street and the waterfront.
      84 Pine St, Burlington, VT 05401
      View Details
    • $34 SF/Yr
      1,633 SF

      Renovated Office Space with Amenities

      East-facing office suite with ample light and modern amenities.
      128 Lakeside Ave, Burlington, VT 05401
      View Details
    • $1,950 /Mo
      1,400 SF

      Downtown Office Suite For Lease

      Downtown office suite with lake views available for lease.
      110 Main St, Burlington, VT 05401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    131 Main St, Unit C1
    Burlington, VT 05401-5603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.