Property profile

2 Gregory Dr South Burlington, VT 05403

OFF-MARKET
Other commercial real estate
Property ID
US89-0157563
1.85 ac lot Built 1985
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property at 2 Gregory Drive in South Burlington includes an upper-level leased configuration totaling 12,000 square feet, combining street-level retail/office space with warehouse space. The layout provides 4,000 square feet of finished office or showroom area and 8,000 square feet of warehouse space, including a 6,840 square foot storage mezzanine accessible by stairs and forklift, and approximately 5,000 square feet with high ceilings. Warehouse functionality includes a 12' x 14' overhead drive-in door with a ramp and two 8' x 8' trailer-height loading docks. The building sits on 1.9 acres with 42 parking spaces and frontage/visibility along Williston Road, and it was constructed in 1986 with renovations completed in 2023. The building is configured to support a range of mixed-use, industrial, and commercial uses, including customer-facing showroom or office functions and warehouse, storage, manufacturing, or distribution activities, and it is described as allowing flexible use with multiple tenancy options; the lower level consists of four smaller warehouse units.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1985
Lot 1.85 ac (80,586 SF)
APN (188) 0740-00002
UPID US89-0157563

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Distribution Center

Location

2 Gregory Dr South Burlington, VT 05403-6046
South Burlington metro Census 4002 BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2026
3 recorded transactions
2026
$3.3M
2020
$1.8M
2007
$1

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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