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Property profile & analytics
OFF-MARKET Estimated value $2,365,000
Office Spaces

88 King St 2 Burlington, VT 05401-5089

18,823 SF 0.23 ac lot Built 2008
Trust Owned 10-yr Hold Free & Clear
Property ID
US89-0183433
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2008
Construction STEEL FRAME
Total area 18,823 SF
Lot 0.23 ac (10,019 SF)
Zoning code RH
APN (035) 049-1-024-002
UPID US89-0183433
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
  • Kozak Arnold Physician Medical Clinic
  • Champlain Housing Trust Housing Association Social Services Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.91M
Blend (final) Blend
$2.37M
Owner & transaction history
Champlain Housing Trust INC · 10 yrs held
Champlain Housing Trust INC
since 2015
1 recorded transaction
2015
$1.7M
Zoning & alternative use
RH · Burlington, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

3. The Residential High Intensity (Residential High, RH) district is intended for residential development that includes a mix of housing types such as duplex, triplex, quadplex , townhouse, and mid -sized and larger multi -unit buildings. Single-family detached dwellings are limited to buildings originally built for such purpose. Development is intended to b…

Zone name Residential High Intensity
General category RESIDENTIAL
Zone area 119.88 ac
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