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Property profile & analytics
OFF-MARKET
Commercial real estate
501 Pleasant St Newport, VT 05855-9744
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US89-0272063
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2 ac (87,120 SF)
Zoning code
UR
APN
(136) 139005
UPID
US89-0272063
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
-
Richard's All Seasons Lodge Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ragamuffin Builders, LLC · 1 yrs held
Ragamuffin Builders, LLC
since 2024
Last sale
$240,000
1 recorded transaction
Zoning & alternative use
UR · Newport, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is designated for land located where municipal water and sewer facilities are available. For this reason, a higher density of development is appropriate. The purpose of this district is to permit a continuation and expansion of residential, commercial, light manufacturing, and related uses when consistent with the objectives of the comprehensiv…
Zone name
Urban Residential
General category
INDUSTRIAL
Zone area
632.76 ac
Source
Realmo
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 Newport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,965
Tax year 2022
Assessed value
$267,000
Assessed 2023
Previous assessed
$267,000
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$76,700
Assessed improvement
$190,300
Applied tax rate
136.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
1
Lot
2 ac (87,120 SF)
Zoning code
UR
APN
(136) 139005
UPID
US89-0272063
Jurisdiction
NEWPORT CITY
Zoning & alternative use
UR · Newport, VTZoning UR · permitted uses
UR · Newport, VT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is designated for land located where municipal water and sewer facilities are available. For this reason, a higher density of development is appropriate. The purpose of this district is to permit a continuation and expansion of residential, commercial, light manufacturing, and related uses when consistent with the objectives of the comprehensive plan.
Zone name
Urban Residential
General category
INDUSTRIAL
Zone area
632.76 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Ragamuffin Builders, LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1138 RDG HL DR, NEWPORT, VT 05855-9032
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2024
$240,000
Ragamuffin Builders, LLC
Richard Wojcik
Deed
—
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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