Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,100,000
Industrial properties
58 Pitman Rd Barre, VT 05641
Entity Owned
2-yr Hold
Free & Clear
Property ID
US89-0192172
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Construction
STEEL FRAME
Total area
69,816 SF
Lot
13.82 ac (601,999 SF)
Zoning code
I
APN
(012) 006/034.01
UPID
US89-0192172
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.10M
Owner & transaction history
58 Pitman Road Barre Vt, LLC · 2 yrs held
58 Pitman Road Barre Vt, LLC
since 2024
Last sale
$6.1M
2 recorded transactions
Zoning & alternative use
I · Barre, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Barre City FINAL UDO Regulations REV 4a eff 11 04 2024 FINAL
Top alternative use upside
Auto repair, garage
$6.1M
+75.9%
Commercial (general)
$5.7M
+63.2%
Restaurant
$5.1M
+46.5%
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 Barre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barre 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
Method
Estimation
Statistic approach
$6,100,000
ML approach
$6,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,125,000
Change: +76% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,685,000
Change: +63% · Conversion: Difficult
RESTAURANT
$5,100,000
Change: +47% · Conversion: Difficult
RETAIL STORES
$4,535,000
Change: +30% · Conversion: Moderate
Blend value · Realmo final
$6.10M
Range $5.49M – $6.71M · ±10% · vs last sale $6.10M (Jan 11 2024)
Last sale anchor
$6.10M
Jan 11 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
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
$48,590
Tax year 2022
Assessed value
$2,229,910
Assessed 2023
Previous assessed
$2,229,910
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$379,280
Assessed improvement
$1,850,630
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
2
Rooms
1
Total area
69,816 SF
Lot
13.82 ac (601,999 SF)
Zoning code
I
APN
(012) 006/034.01
UPID
US89-0192172
Jurisdiction
BARRE TOWN
Zoning & alternative use
I · Barre, VTZoning I · permitted uses
I · Barre, VT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Barre City FINAL UDO Regulations REV 4a eff 11 04 2024 FINAL
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$5.7M
RESTAURANT
Est. value
$5.1M
RETAIL STORES
Est. value
$4.5M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Rooms
1
Lot
13.82 ac
Current owner
From public records · entity-resolved
58 Pitman Road Barre Vt, LLC
Entity
Free & Clear · 2 yrs held
Mailing address
3889 MAPLE AVE, DALLAS, TX 75219-3911
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2024
$6,100,000
58 Pitman Road Barre Vt, LLC
Adams Granite Company, INC.
Deed
—
Nov 16, 2011
—
Adams Granite Co INC
—
Deed Of Trust
related
$1,500,000 · Peoples Bank
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.
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?”
You own 58 Pitman Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
