88 KingBurlington, VT 05401

  • Office properties
  • 18,823 SF
Off market
$2,304,370 Estimated

Property Details for 88 King

Year built
2008
Construction
STEEL FRAME
Lot size
0.23 AC
Property size (Sq ft)
18,823 SF
Zone code
RH
Property type
Office properties
APN
(035) 049-1-024-002
APU
350491024002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,675,925
    6.5%
    $4,316,238
    7%
    $4,007,936
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,475,944
    Geo Method
    $2,459,413
  • Alternative Use

    Use
    Valuation
    Residential
    $5,352,136
    Hospitality
    $4,902,528
    Educational
    $4,078,845
    Medical
    $4,219,123
    Retail
    $6,344,870

Location Insight

City
Burlington
County
Chittenden
State
Vermont
Latitude
44.475
Longitude
-73.2152
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
2022
$54,338
$1,006,000
$1,565,600
$2,571,600
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