Financial
Distress signals
Property profile

203 Main St Rutland, VT 05701

OFF-MARKET
Commercial real estate
Property ID
US89-0181451
0.45 ac lot
Last sale Oct 2023 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 24-unit motel presents a compelling value-add investment opportunity in Rutland, Vermont. Boasting 19,602 square feet across three buildings situated on a 0.45-acre lot, this property offers significant potential for increased revenue. Built in 1998, the motel currently enjoys a 90% occupancy rate, generating a pro-forma NOI of $800,000 and a pro-forma cap rate of 32%. The asking price is $2,500,000, translating to $127.54 per square foot and $78,125 per bed. The property

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$328k
Assessed land$73k
Assessed improvement$255k

Value estimate

· Sep 2026
$575k
$518k – $633k
AI approach$550k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$90/SF
County average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$36 – $143

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRUTLAND CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency13.0
Storage Facility9.9
Garden Center9.7

Location

203 Main St Rutland, VT 05701-3014
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
115 Park, Rutland, VT 05701-4711 $185,000 Feb 2026 No data
68 Wales, Rutland, VT 05701-4078 $45,500 Feb 2026 No data
21 Ww, Rutland, VT 05701 $607,988 Jan 2026 No data
54 Altrui, Rutland, VT 05701-9101 $185,000 Jan 2026 No data
48 Church, Rutland, VT 05701-3413 $387,500 Jan 2026 No data
2472 Us Rte 4th, Mendon, VT 05701-6614 $175,000 Jan 2026 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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