Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    294 Walker Pit Rd Lunenburg, VT 05906-9679

    • Mobile home & RV parks
    • 95.00 lot acres
    OFF-MARKET
    Last Sale
    Oct 06, 2025
    $250,000
    Value Estimations
    $200,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US89-0136298
    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.

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 294 Walker Pit Rd

    Lot size
    95.00 lot acres
    Property type
    Mobile home & RV parks
    Property subtype
    Campgrounds
    APN
    (049) 101300294
    APU
    49101300294

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lunenburg
    County
    Essex
    State
    Vermont
    Longitude
    -71.7453
    Latitude
    44.4129
    CBSA code
    13620
    CBSA name
    BERLIN, NH-VT MICROPOLITAN 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
    2022
    $2,550
    $74,800
    $33,400
    $108,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.20 Acres

      School St

      WASTE DISPOSAL, SEWAGE • 1.20 Acres
      School St, Lunenburg, VT 05906
      View Details
    • Value Estimation by Request
      606.50 Acres

      200 Gilman Farm Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 606.50 Acres
      200 Gilman Farm Rd, Lunenburg, VT 05906-4428
      View Details
    • Value Estimation by Request
      10.20 Acres

      Main St

      INDUSTRIAL (GENERAL) • 10.20 Acres
      Main St, Lunenburg, VT 05906
      View Details
    • Value Estimation
      $240,000
      0.97 Acres

      275 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.97 Acres
      275 Main St, Lunenburg, VT 05906
      View Details
    • Value Estimation by Request
      18.55 Acres

      1189 Bobbin Ml Rd

      VACANT COMMERCIAL LAND • 18.55 Acres
      1189 Bobbin Ml Rd, Lunenburg, VT 05906
      View Details
    • Value Estimation by Request
      5.70 Acres

      Pond Hl Rd

      VACANT COMMERCIAL LAND • 5.70 Acres
      Pond Hl Rd, Lunenburg, VT 05906
      View Details

    Similar Nearby for Sale

    • $165,000
      38.64 Acres

      Land with Woodland and Brook

      38.64-acre lot with woodland, privacy, and brook.
      Thomas Rd West, Lunenburg, VT 05906
      View Details
    • $80,000
      25.00 Acres

      25 Acres of Rural Vermont Land

      25 acres of private recreational land in rural Vermont.
      Tbd Bradley Vale Rd, Concord, VT 05906
      View Details
    • $45,000
      0.37 Acres

      Land Near Connecticut River Access

      0.39-acre surveyed parcel near Connecticut River with public boat access.
      00 Walker Pit Rd, Concord, VT 05906
      View Details
    • $261,000

      Lunenburg, VT Recreational Land

      Recreational land with timber value in rural Vermont.
      955 Hall Rd, Lunenburg, VT 05906
      View Details
    • $55,000
      7.20 Acres

      Recreational Land in Rural Lunenburg

      7 acre parcel with frontage, recreational use, VAST trail access.
      34 Perry Rd, Lunenburg, VT 05906
      View Details
    • $649,000
      72.00 Acres

      Vermont Land with Equestrian Features

      72-acre Lunenburg, VT property with horse barn and sugarhouse.
      91 Venheim Rd, Lunenburg, VT 05906
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    294 Walker Pit Rd
    Lunenburg, VT 05906-9679
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.