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    Property profile & analytics

    299 Main St Newport, VT 05855-5301

    • Office Properties & Spaces
    • 1,056 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US89-0117817
    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

    • Isabelle Insurance Agency / Insurance Agency / Auto Insurance Agency

    Property Details for 299 Main St

    Year built
    1980
    Construction
    FRAME
    Lot size
    0.33 lot acres
    Property size
    1,056 SF
    Zone code
    C
    Property type
    Office Properties & Spaces
    APN
    (136) 118056
    APU
    136118056

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $215,000
      7%
      $210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $190,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $205,000
      Retail
      $205,000
      Mixed-Use
      $195,000
      Hospitality
      $180,000
      Educational
      $180,000
      Residential Income
      $180,000
      Energy
      $170,000
      Income-Based Land
      $210,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Orleans
    State
    Vermont
    Longitude
    -72.1978
    Latitude
    44.9433

    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
    $5,402
    $80,400
    $100,700
    $181,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,050 SF

      4503 Us Route 5

      Shopping malls • 12,050 SF
      4503 Us Route 5, Derby, VT 05855
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    • Value Estimation
      $345,000
      1,021 SF

      411 Main St

      OFFICE (GENERAL) • 1,021 SF
      411 Main St, Newport, VT 05855-5826
      View Details
    • Value Estimation
      $205,000
      2,300 SF

      325 Main St

      OFFICE (GENERAL) • 2,300 SF
      325 Main St, Newport, VT 05855-5405
      View Details
    • Value Estimation
      $235,000
      1,736 SF

      573 Main St

      OFFICE (GENERAL) • 1,736 SF
      573 Main St, Newport, VT 05855-5828
      View Details
    • Value Estimation
      $315,000
      1,358 SF

      615 Main St

      OFFICE (GENERAL) • 1,358 SF
      615 Main St, Newport, VT 05855-5829
      View Details
    • Value Estimation
      $200,000
      796 SF

      100 Main St, Unit 1

      CONDOMINIUM OFFICES • 796 SF
      100 Main St, Newport, VT 05855-5543
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      12,050 SF

      Derby, VT Executive Office Space

      Class A Office/Retail, 2,240 SF Available
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      Affordable Office Space in Newport

      Individual office suites for lease with high visibility.
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      1,188 SF

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      Updated craftsman-style office unit, ideal for live-work.
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    • $325 /Mo
      200 SF

      Affordable Office Space on Main

      Individual office space for lease with great visibility.
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    • $440 /Mo

      Downtown Newport Corner Office Space

      Private corner office in historic building, rent includes utilities.
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      View Details
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    299 Main St
    Newport, VT 05855-5301
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    Realmo Value Estimation

    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.

    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
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