3092 Cold Riv Rd Rutland, VT 05701-4747
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.