Property profile

55 Joy Dr South Burlington, VT 05403

OFF-MARKET
Office Spaces
Property ID
US89-0122189
22,376 SF 2.02 ac lot Built 1985
Individually Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1985
Total area 22,376 SF
Lot 2.02 ac (87,991 SF)
APN (188) 0940-00055
UPID US89-0122189

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center
  • Charitable Organization Social Service Agency
  • Church Mosque
  • Counselor Social Worker

Location

55 Joy Dr South Burlington, VT 05403-6119
South Burlington metro Census 3304 BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.32M
Comparable Approach Comparable
$4.40M
Blend (final) Blend
$3.42M

Owner & transaction history

since 2014
1 recorded transaction
2014
$2.2M

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $5.4M +7.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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