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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Motels
34 Look Rd Wilmington, VT 05363-9625
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US89-0186258
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Construction
FRAME
Total area
9,633 SF
Lot
5.02 ac (218,671 SF)
APN
(242) 00204069.000
UPID
US89-0186258
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
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$420k
Blend (final)
Blend
$520k
Owner & transaction history
Deborah Perkins · 6 yrs held
Deborah Perkins
since 2019
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$785,000
+12.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$505,000
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$700,000
Current use
RETAIL STORES
$785,000
Change: +12% · Conversion: Difficult
WAREHOUSE, STORAGE
$630,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $540k (Jun 21 2021)
Last sale anchor
$540k
Jun 21 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$54 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$10,536
Tax year 2022
Assessed value
$473,100
Assessed 2022
Previous assessed
$473,100
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$93,780
Assessed improvement
$379,320
Applied tax rate
242.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Motels
Use group
MOTEL
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
NONE
Stories
3
Total area
9,633 SF
Lot
5.02 ac (218,671 SF)
APN
(242) 00204069.000
UPID
US89-0186258
Jurisdiction
WILMINGTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$700,000
RETAIL STORES
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$630,000
HOTEL/MOTEL Current
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
NONE
Stories
3
Lot
5.02 ac
Current owner
From public records · entity-resolved
Deborah Perkins
Individual
Free & Clear · 6 yrs held
Mailing address
252 DEPOT RDH, MILFORD, CT 06460-3807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2019
$35,000
Deborah Perkins
Owner Name Unavailable
Grant Deed
related
—
Dec 19, 2014
$605,000
Hermitage Inn R & E Holding Co L
Nordic Valley Properties LLC
Grant Deed
—
Jul 23, 2009
—
Bruce G Korb
—
Deed Of Trust
related
$21,100 · Chittenden Mortgage Service
Jul 9, 2007
—
Bruce G Korb
—
Deed Of Trust
related
$50,000 · Vermont Small Business Develop
Aug 10, 2005
—
Bruce G Korb
—
Deed Of Trust
related
$280,000 · 504 Vermont Corp
Jun 20, 2005
$825,000
Bruce G Korb
Nordic Hills Lodge INC
Grant Deed
—
Jun 20, 2005
—
Bruce G Korb
—
Deed Of Trust
related
$280,000 · Chittenden Mortgage Service
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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