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Property profile & analytics
OFF-MARKET Estimated value $735,000
Warehouses

3092 Cold Riv Rd Rutland, VT 05701-4747

7,000 SF 0.99 ac lot Built 1988
Individually Owned 8-yr Hold Free & Clear
Property ID
US89-0256542
Property summary
AI-generated overview

This exceptional 8,000 square foot flex space, situated on a 0.97-acre lot in Rutland, Vermont, presents a unique investment opportunity. Built in 2014, this two-story building boasts a modern design and numerous upgrades, making it ideal for a variety of uses. The property features a single tenancy, with 8,000 square feet of net rentable space, perfect for a business requiring both office and warehouse/storage capabilities. The high ceilings (20 feet) provide ample vertical space, while the inclusion of one dock-high door facilitates efficient loading and unloading. The property's commercial zoning allows for diverse operational possibilities. Its prime location offers easy access to major roadways, ensuring convenient transportation for employees and clients. Ample parking is available on-site. The building's technological and interior upgrades, along with its adaptability, make it particularly well-suited for uses such as a training facility, incorporating recording capabilities, meeting spaces, and offices with substantial storage. This property represents a rare combination of functionality, location, and modern amenities in a thriving Vermont market. The asking price is $1,100,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Total area 7,000 SF
Lot 0.99 ac (43,124 SF)
APN (171) 00001-3092
UPID US89-0256542
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$700k
Comparable Approach Comparable
by Request
Blend (final) Blend
$735k
Owner & transaction history
Town Of Rutland · 8 yrs held
Town Of Rutland
since 2017
Last sale
$750,000
1 recorded transaction
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.1M +240.7%
Auto repair, garage $725,000 +117.6%
Retail stores $640,000 +91.8%
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