Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    924 Main St Bennington, VT 05201-2639

    • Investment properties
    • 2.30 lot acres
    OFF-MARKET
    Last Sale
    Sep 09, 2024
    $1,455,000
    Value Estimations
    $1,455,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US89-0327547
    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

    • Investment properties

    Property Details for 924 Main St

    Lot size
    2.30 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    (015)51-56-09-00
    APU
    1551560900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,455,000
      ML approach
      $1,455,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bennington
    County
    Bennington
    State
    Vermont
    Longitude
    -73.1785
    Latitude
    42.8802
    CBSA code
    13540
    CBSA name
    BENNINGTON, VT MICROPOLITAN 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
    $25,566
    $0.00
    $780,400
    $780,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $120,000
      3,317 SF

      2964 Ww Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,317 SF
      2964 Ww Rd, Bennington, VT 05201-9617
      View Details
    • Value Estimation
      $240,000
      3,618 SF

      708 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,618 SF
      708 Main St, Bennington, VT 05201-2689
      View Details
    • Value Estimation
      $295,000
      3,112 SF

      512 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,112 SF
      512 Main St, Bennington, VT 05201-2111
      View Details
    • Value Estimation
      $150,000
      2,754 SF

      224 Un St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,754 SF
      224 Un St, Bennington, VT 05201-2497
      View Details
    • Value Estimation
      $230,000
      0.20 Acres

      201 Ss St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.20 Acres
      201 Ss St, Bennington, VT 05201-2299
      View Details
    • Value Estimation
      $230,000
      4.21 Acres

      1496 Ww Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4.21 Acres
      1496 Ww Rd, Bennington, VT 05201-9624
      View Details

    Similar Nearby for Sale

    • $975,000
      8,888 SF

      Historic Victorian Multifamily Potential

      Historic Victorian property with residential and mixed-use potential.
      124 Elm St, Bennington, VT 05201
      View Details
    • $415,000
      5,208 SF

      Historic Mixed-Use Property, Bennington

      Mixed-use property with retail and apartments in downtown Bennington.
      126 Washington Ave, Bennington, VT 05201
      View Details
    • $415,000
      0.63 Acres

      Historic Mixed-Use Property in Bennington

      Historic Bennington mixed-use property with income potential in Downtown District.
      126 Washington Ave, Bennington, VT 05201
      View Details
    • $499,000
      0.28 Acres

      Versatile Commercial Building in Bennington

      Adaptable commercial property in downtown Bennington with development potential.
      425 Main St, Bennington, VT 05201
      View Details
    • $295,000
      0.12 Acres

      Mixed-Use Property with Renovation Potential

      Versatile mixed-use property in Bennington, VT with renovation potential.
      318 North St, Bennington, VT 05201
      View Details
    • $2,500,000
      0.88 Acres

      Bennington Downtown Development Site

      Prime .88-acre mixed-use land, ready to build.
      113 Depot St, Bennington, VT 05201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      150,767 SF

      Prime Bennington Retail Space

      Vermont retail center, multiple suites available
      95 Kocher Dr, Bennington, VT 05201
      View Details
    • $16 SF/Yr
      3,000 SF

      Retail Spaces in Bennington, Vermont

      Retail spaces available in a busy Bennington shopping center.
      135-141 Hannaford Sq, Bennington, VT 05201
      View Details
    • Contact for pricing

      Prime Retail/Office Space in Bennington

      Highly visible retail or office space on Main Street.
      337 Main St, Bennington, VT 05201
      View Details
    • $1,666 /Mo

      Class B Office Space Available

      Office space for rent at William H. Morse State Airport.
      1563 Walloomsac Rd, Bennington, VT 05201
      View Details
    • Contact for pricing
      2,045 SF

      Retail Space in Bennington Plaza

      Retail space available in renovated Bennington shopping plaza.
      214 Northside Dr, Bennington, VT 05201
      View Details
    • Contact for pricing

      Prime Retail/Office Space, Bennington, VT

      Highly visible retail or office space in downtown Bennington.
      353 Main St, Bennington, VT 05201
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    924 Main St
    Bennington, VT 05201-2639
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.