20 Kimball Ave South Burlington, VT 05403
Property profile & analytics
20 Kimball Ave South Burlington, VT 05403
- Office Spaces
- 28,444 SF
- 0.94 lot acres
Property ID
US89-0117255
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.
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 20 Kimball Ave
- Year built
- 1981
- Lot size
- 0.94 lot acres
- Property size
- 28,444 SF
- Property type
- Office Spaces
- APN
- (188) 0980-00020
- APU
- 188098000020
Description
This exceptional commercial office condominium investment opportunity, located at 20 Kimball Avenue in South Burlington, Vermont, presents a unique chance to acquire a multi-tenant property. The property boasts a total of 29,000 square feet of space, distributed across three floors and encompassing 25 individual office suites. The building's flexible layout caters to a diverse range of tenants, with suite sizes varying from approximately 300 square feet to several thousand square feet, making it ideal for businesses of all scales. Currently, the building enjoys a 70% occupancy rate, generating a stable income stream. Built in phases between 1981 and 1987, the Class B building sits on a sizable 1.88-acre lot, zoned Commercial 1—Limited Retail, offering potential for future expansion or redevelopment. The property's convenient location provides easy access to Interstate 89, Burlington International Airport, and Williston Road, ensuring high visibility and accessibility for tenants and clients. Ample parking is available with 132 spaces provided on-site. The asking price for this prime South Burlington commercial property is $2,550,000. The gross lease structure simplifies management and maximizes return on investment. This is a rare opportunity to acquire a well-located, established multi-tenant office building in a thriving Vermont market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,046,000
Market price range: $951k - $5.61M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Burlington
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.1537
- Latitude
- 44.4602
- 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
$53,604
$0.00
$2,491,000
$2,491,000
-
$0.00
$0.00
$0.00
