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Property profile & analytics
FOR LEASE
Office Spaces

59 Rathe Rd Colchester, VT 05446

15,808 SF 3.49 ac lot Built 1993
Individually Owned 8-yr Hold Free & Clear
Property ID
US89-0067526
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1993
Construction FRAME
Total area 15,808 SF
Lot 3.49 ac (152,024 SF)
Zoning code COM
APN (048) 03-0240030000000
UPID US89-0067526
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
  • Colchester School District Office School District Office
  • CPA Site Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
  • cp5sitesolutions.com Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.02M
Blend (final) Blend
$2.32M
Owner & transaction history
State Of Vt Agency Of Transpor · 8 yrs held
State Of Vt Agency Of Transpor
since 2018
2 recorded transactions
2018
$17,000
2016
$1.7M
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) $3.7M +22.1%
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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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