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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Investment properties
139-143 Champlain St Burlington, VT 05401
Entity Owned
1-yr Hold
Free & Clear
Property ID
US89-0133119
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1899
Construction
FRAME
Total area
5,380 SF
Lot
0.07 ac (3,049 SF)
Zoning code
NMU
APN
(035) 044-1-320-000
UPID
US89-0133119
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
$920k
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$936k
Blend (final)
Blend
$790k
Owner & transaction history
Ktn LLC · 1 yrs held
Ktn LLC
since 2024
Last sale
$750,000
3 recorded transactions
Zoning & alternative use
NMU · Burlington, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$855,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
$865,000
6.5%
$795,000
7%
$740,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,200,000
Current use
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $750k (Apr 17 2024)
Last sale anchor
$750k
Apr 17 2024
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
$147 / 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
$14,159
Tax year 2022
Assessed value
$670,100
Assessed 2022
Previous assessed
$670,100
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$240,700
Assessed improvement
$429,400
Applied tax rate
35.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1899
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
5
Bathrooms
3
Total area
5,380 SF
Lot
0.07 ac (3,049 SF)
Zoning code
NMU
APN
(035) 044-1-320-000
UPID
US89-0133119
Jurisdiction
BURLINGTON TWP
Zoning & alternative use
NMU · Burlington, VT
Zoning NMU · permitted uses
NMU · Burlington, VT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
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
1899
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
5
Bathrooms
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
Ktn LLC
Entity
Free & Clear · 1 yrs held
Mailing address
141 N CHAMPLAIN ST, BURLINGTON, VT 05401-4315
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2024
$750,000
Ktn LLC
Kenneth S. Axelson, JR. Revocable T
Deed
—
Mar 3, 2023
—
Kenneth Axelson JR
Kenneth Axelson JR
Intrafamily Transfer
related
—
Feb 1, 2018
—
Axelson Kenneth JR.
Axelson,kenneth JR
Quit Claim 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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