302 Mountain View DrColchester, VT 05446

Property Details for 302 Mountain View Dr

Year built

1995

Construction

STEEL FRAME

Lot size

3.45 AC

Property size (Sq ft)

26,508 SF

Zone code

COM

Property type

Office properties

APN

(048) 03-2060030000000

APU

48032060030000000

Description

This exceptional Class A office building, situated at 302 Mountain View Drive in Colchester, Vermont, offers multiple office spaces for lease. Located in the prestigious Office Park at Water Tower Hill, this property boasts a prime location directly off Interstate 89, Exit 16, providing convenient access to Burlington International Airport, downtown Burlington, and a variety of hotels and restaurants. The single, 24,192 square foot building sits on 3.45 acres and was constructed in 1995. Available spaces range from 306 to 3,208 square feet, catering to diverse business needs. The building is home to a mix of established businesses, including financial, insurance, and healthcare companies, creating a thriving and collaborative environment. This Chittenden County location offers unparalleled convenience and visibility, making it an ideal choice for businesses seeking a high-quality, well-connected office space. The property's strategic location and established tenant base make it a highly desirable investment opportunity. The building features a modern design and is well-maintained, reflecting its Class A designation. Contact us today to learn more about the available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $6,584,998

  6.5%

  $6,078,460

  7%

  $5,644,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,486,816

  Geo Method

  $3,463,535

• Alternative Use

  Use

  Valuation

  Residential

  $7,537,290

  Hospitality

  $6,904,117

  Educational

  $5,744,144

  Medical

  $5,941,694

  Retail

  $8,935,336

Location Insight

City

Colchester

County

Chittenden

State

Vermont

Latitude

44.5084

Longitude

-73.1842

CBSA code

15540

CBSA name

BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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