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Property profile & analytics
OFF-MARKET Estimated value $830,000
Office Spaces

346 Shelburne Rd 301 Burlington, VT 05401-4935

5,576 SF 3.04 ac lot Built 1971
Entity Owned Absentee Owner Free & Clear
Property ID
US89-0284480
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1971
Total area 5,576 SF
Lot 3.04 ac (132,422 SF)
Zoning code NAC
APN (035) 058-2-013-301
UPID US89-0284480
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
Current use
Occupant on record · Public records
  • Clarke Demas & Baker PLC Law Firm
  • Theresa Ferrara - Realtor Real Estate Agency
  • Kantor Steven J Law Firm
  • Doremus Roesler & Kantor Law Firm
  • Hickok & Boardman HR Intelligence & Corporate Retirement Plans Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$830k
Owner & transaction history
HICKOK & BOARDMAN PLACE LLC
HICKOK & BOARDMAN PLACE LLC
Zoning & alternative use
NAC · Burlington, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

housing and other non-residential uses on upper stories. The exception to this is the NAC - Cambrian Rise district that is intended to be more residential in nature than the other Neighborhood Mixed Use districts and thereby is expected to incorporate residential uses at the street level. Development is intended to be pedestrian -oriented with buildings orie…

Zone name Neighborhood Activity Center
General category RESIDENTIAL
Zone area 59.83 ac
Top alternative use upside
Apartment house (5+ units) $1.4M +44.6%
Commercial (general) $1.2M +31.5%
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