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    Property profile & analytics

    137 Main St Newport, VT 05855-4415

    • Retail properties
    • 10,005 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US89-0311910
    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

    • Timothy Tanner, MD / Internist / Cardiologist
    • Yoga Kids International / School Center
    • Milu Company, LLC / Apartment Building
    • Northern Express Care - Newport / Walk-In Clinic / Community Health Centre

    Property Details for 137 Main St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    10,005 SF
    Zone code
    C
    Property type
    Retail properties
    APN
    (136) 133075
    APU
    136133075

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $370,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $330,000
      Mixed-Use
      $335,000
      Hospitality
      $420,000
      Educational
      $375,000
      Residential Income
      $435,000
      Energy
      $430,000
      Income-Based Land
      $380,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Orleans
    State
    Vermont
    Longitude
    -72.2088
    Latitude
    44.9357

    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
    $13,253
    $70,300
    $374,000
    $444,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,050 SF

      4503 Us Route 5

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      4503 Us Route 5, Derby, VT 05855
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    • Value Estimation by Request
      7,190 SF

      125 Main Street Ct

      Retail properties • 7,190 SF
      125 Main Street Ct, Newport, VT 05855
      View Details
    • Value Estimation by Request
      86,782 SF

      Waterfront Plz

      Neighborhood centers • 86,782 SF
      0 Waterfront Plz, Newport, VT 05855
      View Details
    • Value Estimation
      $235,000
      5,360 SF

      100 Main St

      DEPARTMENT STORE • 5,360 SF
      100 Main St, Newport, VT 05855-5580
      View Details
    • Value Estimation by Request
      80,193 SF

      4340 Us-5

      Retail properties • 80,193 SF
      4340 Us-5, Newport, VT 05855
      View Details
    • Value Estimation by Request

      56 Commons Dr

      Restaurants
      56 Commons Dr, Newport, VT 05855
      View Details

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    Similar Nearby for Lease

    • $7 SF/Yr
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      Prime Vermont retail space, ideal for large-scale tenant.
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      Downtown Newport Retail Space

      Prime Main Street Retail Opportunity
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    • $10 SF/Yr
      7,255 SF

      Retail Space in Newport Plaza

      Retail spaces available in high-traffic Newport Plaza near I-91.
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    • $1,800 /Mo

      Office and Retail Space Available

      Office and retail spaces for rent at $11 per unit.
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    • $9,800 /Mo

      Retail Space Available For Rent

      Retail space available for lease at $11 per square foot.
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      View Details
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    137 Main St
    Newport, VT 05855-4415
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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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