1241 Prim RdColchester, VT 05446

Property Details for 1241 Prim Rd

Year built

1989

Construction

FRAME

Lot size

1.11 AC

Property size (Sq ft)

3,144 SF

Zone code

GD1

Property type

Office properties

APN

(048) 41-0950020000000

APU

48410950020000000

Description

This exceptional 1,854-square-foot executive office space is available for lease at 1241 Prim Rd, Colchester, Vermont, 05446. Located in Chittenden County, this single-tenant property offers a complete and versatile space ideal for a variety of businesses. The property is classified as both retail and office space, providing flexibility for diverse operational needs. The entire building, totaling 1,854 square feet, is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a move-in ready location without the need for extensive renovations or build-out. The property's address is conveniently located at 1241 Prim Rd, Colchester, VT, offering easy access to local amenities and transportation routes. The building's single-tenant occupancy ensures privacy and control over the entire space. This is a prime opportunity to establish a strong presence in a desirable Vermont location. The property is ready for immediate lease and offers a blank canvas for your business to thrive. Interested parties are encouraged to inquire promptly to secure this exceptional space. The property is situated at latitude 44.5368019 and longitude -73.246877.

• CAP approach

  CAP return

  Valuation

  6%

  $781,018

  6.5%

  $720,940

  7%

  $669,444

• Comparable approach

  Method

  Valuation

  Relative Method

  $413,556

  Geo Method

  $410,795

• Alternative Use

  Use

  Valuation

  Residential

  $893,966

  Hospitality

  $818,868

  Educational

  $681,288

  Medical

  $704,719

  Retail

  $1,059,782

Location Insight

City

Colchester

County

Chittenden

State

Vermont

Latitude

44.5366

Longitude

-73.2467

CBSA code

15540

CBSA name

BURLINGTON-SOUTH BURLINGTON, VT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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