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    Property profile & analytics

    7 Lk St Saint Albans, VT 05478-2366

    • Office Properties & Spaces
    • 3,059 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Aug 05, 2025
    $250,000
    Location Intelligence
    Property ID
    US89-0080511
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 7 Lk St

    Year built
    1999
    Lot size
    0.02 lot acres
    Property size
    3,059 SF
    Property type
    Office Properties & Spaces
    APN
    (173) 23049-007
    APU
    17323049007

    Description

    This exceptional mixed-use property, located at 7 Lake Street in the vibrant downtown area of Saint Albans City, Vermont, presents a unique investment opportunity. The building, constructed in 1999, encompasses 3,059 square feet across two stories and is situated on a 0.02-acre lot. Currently configured as four individual units, each with both street-level and interior access from Lake Street, this property offers remarkable flexibility. The units can be utilized independently or combined to create a larger, cohesive space, catering to a variety of commercial and retail needs. The permitted commercial zoning allows for diverse uses, maximizing potential rental income or owner-occupancy scenarios. The building boasts dedicated off-street parking in the rear, a significant advantage in a bustling downtown setting. City sewer and water services are readily available. With an asking price of $300,000, this property offers a compelling price per square foot of $98.07, making it an attractive investment in a thriving Vermont community. The building's solid construction and prime location ensure a strong return on investment for the discerning buyer. This is a rare opportunity to acquire a versatile, well-maintained commercial property in a desirable downtown location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $280,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $285,000
      Mixed-Use
      $245,000
      Hospitality
      $270,000
      Educational
      $270,000
      Residential Income
      $245,000
      Energy
      $235,000
      Income-Based Land
      $270,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Saint Albans
    County
    Franklin
    State
    Vermont
    Longitude
    -73.0839
    Latitude
    44.811
    CBSA code
    15540
    CBSA name
    BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,473
    $0.00
    $246,400
    $246,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.50 Acres

      266 Main St

      OFFICE (GENERAL) • 1.50 Acres
      266 Main St, Saint Albans, VT 05478-2500
      View Details
    • Value Estimation
      $240,000
      2,688 SF

      15 Stebbins St

      OFFICE (GENERAL) • 2,688 SF
      15 Stebbins St, Saint Albans, VT 05478
      View Details
    • Value Estimation
      $280,000
      1,296 SF

      16 Kingman St

      OFFICE (GENERAL) • 1,296 SF
      16 Kingman St, Saint Albans, VT 05478-2012
      View Details
    • Value Estimation
      $275,000
      3,141 SF

      26 Lk St

      CONDOMINIUM OFFICES • 3,141 SF
      26 Lk St, Saint Albans, VT 05478-2208
      View Details
    • Value Estimation
      $325,000
      3,330 SF

      158 Main St

      OFFICE (GENERAL) • 3,330 SF
      158 Main St, Saint Albans, VT 05478
      View Details
    • Value Estimation
      $325,000
      2.00 Acres

      120 Swanton Rd

      OFFICE (GENERAL) • 2.00 Acres
      120 Swanton Rd, Saint Albans, VT 05478-2601
      View Details

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    7 Lk St
    Saint Albans, VT 05478-2366
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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