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    Property profile & analytics

    338 Riv St, Unit 4 Montpelier, VT 05602-8264

    • Office Properties & Spaces
    • 656 SF
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US89-0183508
    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

    • Vermont Back and Body Care, LLC / Chiropractor
    • Heather L. Connolly, DC / Chiropractor
    • Stairway To Style / Beauty Salon
    • Skin Aesthetics LLC. / Beauty Salon
    • Abacus Bookkeeping & Tax Services / Accountant / Bookkeeping Service

    Property Details for 338 Riv St

    Year built
    1984
    Construction
    FRAME
    Property size
    656 SF
    Property type
    Office Properties & Spaces
    APN
    (126) 134338004
    APU
    126134338004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $225,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $295,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $290,000
      Mixed-Use
      $315,000
      Hospitality
      $300,000
      Educational
      $295,000
      Residential Income
      $240,000
      Energy
      $270,000
      Income-Based Land
      $270,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Montpelier
    County
    Washington
    State
    Vermont
    Longitude
    -72.552
    Latitude
    44.2408
    CBSA code
    12740
    CBSA name
    BARRE, 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
    2021
    $2,299
    $0.00
    $90,100
    $90,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,021 SF

      112 State St Ste, Unit 1

      CONDOMINIUM OFFICES • 13,021 SF
      112 State St Ste, Montpelier, VT 05602-2711
      View Details
    • Value Estimation
      $565,000
      5,227 SF

      26 State St, Unit C

      CONDOMINIUM OFFICES • 5,227 SF
      26 State St, Montpelier, VT 05602-3170
      View Details
    • Value Estimation
      $290,000
      574 SF

      338 Riv St, Unit 1

      CONDOMINIUM OFFICES • 574 SF
      338 Riv St, Montpelier, VT 05602-8264
      View Details
    • Value Estimation
      $265,000
      656 SF

      338 Riv St, Unit 3

      CONDOMINIUM OFFICES • 656 SF
      338 Riv St, Montpelier, VT 05602-8264
      View Details
    • Value Estimation
      $315,000
      1.63 Acres

      1189 Us Rte 2nd 2

      OFFICE (GENERAL) • 1.63 Acres
      1189 Us Rte 2nd 2, Berlin, VT 05602-8297
      View Details
    • Value Estimation
      $210,000
      936 SF

      342 Riv Stb

      CONDOMINIUM OFFICES • 936 SF
      342 Riv Stb, Montpelier, VT 05602-8802
      View Details

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    Similar Nearby for Lease

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      Spacious office in downtown Montpelier near statehouse and amenities.
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      Montpelier Office Space Available

      Office space for rent in a prime Montpelier location.
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      View Details
    • $2,500 /Mo
      2,500 SF

      Downtown Office Suite For Rent

      Downtown office suite with private offices, kitchenette, and multiple bathrooms.
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      View Details
    • Contact for pricing

      Downtown Montpelier Retail Space Available

      Prime retail space in the heart of Montpelier, Vermont.
      54 Main St, Montpelier, VT 05602
      View Details
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    338 Riv St, Unit 4
    Montpelier, VT 05602-8264
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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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