Property summary
This exceptional investment opportunity presents a ±28,390 square foot, multi-tenanted retail center in Rutland, Vermont. The property, situated on a 1.77-acre lot at 217 Woodstock Ave (05701), comprises three buildings. A significant portion of the property is ground-leased to Applebee's, a tenant in place since 1996 with four, five-year renewal options, each including a 7% escalation. Applebee's is responsible for 37% of the property taxes. Another building houses Green Mountain Rock… Climbing School, established in 2011. The remaining space consists of a ±22,890 square foot strip center with seven suites, offering a diverse tenant mix including casual dining, QSR, medical, recreational, government, fitness, and general retail. Currently 100% occupied, the property boasts a strong NOI of $221,995, representing a 7.5% cap rate on the asking price of $2,960,000 ($104.26/sq ft). The strategic location near the intersection of US Route 4 and US Route 7 provides excellent visibility and accessibility, benefiting from proximity to Rutland Southern Vermont Regional Airport, Rutland High School, Stafford Technical School, and popular ski resorts like Killington and Stowe. The property benefits from a strong retail corridor with national tenants such as Home Depot, Big Lots, Little Caesars, McDonald's, Pizza Hut, Circle K, and Walgreens nearby. While some lease concessions were made during the COVID-19 pandemic, the current income is reflected in the offering. This presents a value-add opportunity for investors seeking to increase returns through lease restructuring or re-tenanting.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.77 ac
- APN
- (170) 10733
- Assessed value · 2023
- $1,970,400
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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