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Property profile & analytics
FOR SALE
Office Spaces

553 Roosevelt Hwy Colchester, VT 05446

18,585 SF 2.27 ac lot Built 1987
Individually Owned 7-yr Hold Free & Clear
Property ID
US89-0042258
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1987
Construction STEEL FRAME
Total area 18,585 SF
Lot 2.27 ac (98,881 SF)
Zoning code COM
APN (048) 03-0120030000000
UPID US89-0042258
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
  • NuHarbor Security IT Consulting Firm Tech Support Center
  • RE/MAX NORTH PROFESSIONALS Real Estate Agency
  • Brandon Fowler, RE/MAX North Professionals Real Estate Agency
  • Vermont Virtual Tours Photography Service (Bike/Boat/Book/etc) Store
  • Heroes Home Advantage at RE/MAX North Professionals Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.76M
Comparable Approach Comparable
$3.55M
Blend (final) Blend
$2.86M
Owner & transaction history
State Of Vt Agency Of Transpor · 7 yrs held
State Of Vt Agency Of Transpor
since 2018
Last sale
$2.8M
2 recorded transactions
2018
$25,000
2016
$1.9M
Zoning & alternative use
COM · Colchester, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

COM Commercial District IND Industrial District BD Business District (4) Other Districts AGR Agricultural District MHP Mobile Home Park District FP Flood Plain District AMU Agricultural Mixed-Use District (5) Overlay Districts GD4C General Development Four Commercial District SD Shoreland District WPD Water Protection District HPD Historic Preservation Distr…

Zone name Commercial District
General category COMMERCIAL
Zone area 266.79 ac
Source S 49 Adoption Cover
Top alternative use upside
Apartment house (5+ units) $4.3M +22.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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