Property profile

23 Patchen Rd South Burlington, VT 05403

OFF-MARKET
Other office properties
Property ID
US89-0128865
1,568 SF 0.2 ac lot Built 1948
Entity Owned Free & Clear
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Property summary

AI-generated overview

A standalone two-story office building with a lower level, totaling approximately 1,560 square feet, located in South Burlington with convenient access to the airport and area highways. The interior layout includes multiple offices, conference rooms, and an open work area. The lower level contains a kitchen/breakroom and additional storage space. The property provides on-site parking and features signage opportunities along Patchen Road, with street-facing curb appeal.

Property profile

Verified
Property type Other office properties
Use group OFFICE (GENERAL)
Year built 1948
Total area 1,568 SF
Lot 0.2 ac (8,712 SF)
APN (188) 1290-00213
UPID US89-0128865

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
  • Loan Service Bank

Location

23 Patchen Rd South Burlington, VT 05403-5705
South Burlington metro Census 3600 BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2025
Last sale
$550,000
2 recorded transactions
2025
$550,000
2015
Price N/A

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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