Technical
Financial
Distress signals
Property profile

784 Hercules Dr Colchester, VT 05446

FOR LEASE
Warehouses
Property ID
US89-0010439
63,162 SF 5 ac lot Built 1983
Individually Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional office property at 784 Hercules Drive in Chittenden County offers a flexible workspace ideal for a variety of businesses. Currently, a portion of the building is available for immediate occupancy, totaling 7,072 square feet. However, the entire space, encompassing 16,707 square feet, is also available should a larger footprint be required. The existing layout includes a thoughtful blend of private offices, providing individual workspaces for enhanced focus and privacy. In addition, there's a substantial open area perfectly suited for collaborative workspaces and the creation of a dynamic team environment. The property's amenities are designed for convenience and efficiency, featuring multiple kitchenettes for staff refreshment, well-appointed conference rooms for meetings and presentations, and ample storage rooms to accommodate various business needs. This single-tenant occupancy presents a unique opportunity to secure a well-designed and functional office space in a desirable Chittenden County location. The immediate availability of the 7,072 square foot section makes this an attractive option for businesses seeking a quick move-in. The larger 16,707 square foot option provides significant expansion potential for growing companies. This traditional office space is ready for immediate occupancy.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Construction STEEL FRAME
Total area 63,162 SF
Lot 5 ac (217,800 SF)
Zoning code BD
APN (048) 01-0202630000000
UPID US89-0010439

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
  • Charitable Organization Social Service Agency

Location

784 Hercules Dr Colchester, VT 05446
Colchester metro Census 2201 BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.37M
Blend (final) Blend
$4.38M

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

BD · Colchester, VT
Zoning description

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…

General category INDUSTRIAL
Top alternative use upside
Apartment house (5+ units) $6.5M +49.2%
Commercial (general) $6.5M +47.8%
Retail stores $4.5M +2.3%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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