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    Property profile & analytics

    40 Elliots Way Alburgh, VT 05440-4155

    • Commercial real estate
    • 784 SF
    • 58.60 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Apr 07, 2020
    Location Intelligence
    Property ID
    US89-0225210
    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

    • Commercial real estate

    Property Details for 40 Elliots Way

    Year built
    1998
    Lot size
    58.60 lot acres
    Property size
    784 SF
    Property type
    Commercial real estate
    APN
    (003) RS173
    APU
    003RS173

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alburgh
    County
    Grand Isle
    State
    Vermont
    Longitude
    -73.2846
    Latitude
    44.9691
    CBSA code
    15540
    CBSA name
    BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN 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
    2019
    $2,461
    $104,100
    $72,200
    $176,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      21.84 Acres

      1421 Alburg Spgs Rd

      COMMERCIAL (GENERAL) • 21.84 Acres
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      View Details
    • Value Estimation by Request
      1,088 SF

      43 Milk St

      COMMERCIAL (GENERAL) • 1,088 SF
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    • Value Estimation by Request
      1.03 Acres

      189 Main St

      COMMERCIAL (GENERAL) • 1.03 Acres
      189 Main St, Alburgh, VT 05440
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    • Value Estimation by Request
      792 SF

      458 Main St

      COMMERCIAL (GENERAL) • 792 SF
      458 Main St, Alburgh, VT 05440-6038
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    • Value Estimation
      $290,000
      1,444 SF

      518 Main St

      COMMERCIAL (GENERAL) • 1,444 SF
      518 Main St, Alburgh, VT 05440-0059
      View Details
    • Value Estimation
      $2,580,000
      4,900 SF

      230 Rte 129

      COMMERCIAL (GENERAL) • 4,900 SF
      230 Rte 129, Alburgh, VT 05440-9674
      View Details

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    40 Elliots Way
    Alburgh, VT 05440-4155
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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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