Sell your commercial property in Vermont
We buy commercial real estate across Vermont directly, as-is, for cash.
Vermont at a glance
- Population
- 0.6M
- Job growth
- -0.3%
- Transfer tax
- 1.47% (1.25% + 0.22% surcharge)
- Eff. property tax
- 1.51%
We buy in Vermont
50 property types, statewide
- Gas Stations & Convenience Stores
- Warehouses & Distribution Facilities
- Car Washes
- Storage Facilities
- Industrial Outdoor Storage Facilities
- Manufacturing & Logistics Facilities
- Office Buildings
- Medical Offices
- Shopping Centers
- Hotels & Motels
- Marinas
- Multifamily Properties
- Assisted Living Facilities
- RV & Mobile Home Parks
- Parking Garages & Lots
- Campgrounds
- Billboards
- Cell Towers
- Churches
- Funeral Homes
- Commercial Land
- Farms & Ranches
- Resorts & Retreats
- Auto Collision & Repair Shops
- Auto Parts Stores
- Oil Change & Lube Centers
- Truck Stops
- Grocery Stores
- Drive-Thru & Casual Dining Buildings
- Coffee Shops
- Liquor Stores
- Pharmacies
- Dispensaries
- Urgent Care Centers
- Veterinary Clinics
- Dialysis Centers
- Dollar Stores
- Cell Phone Stores
- Early Education Centers
- Private & Charter Schools
- Bank Branches
- Movie Theatres
- Pawn Shops & Check Cashing Stores
- Data Centers & Battery Farms
- Post Offices
- Government Buildings
- Auto Dealerships
- EV Charging Stations
- Hospitals & Surgery Centers
- Gyms & Fitness Centers
Data current as of
Market conditions
The Vermont market right now
Our read
Vermont's population is about 644,663 and is shrinking 0.3% a year. Median household income is $82,730, and over the latest year the state lost a net 726 residents to other states.
Vermont is small and its population is edging down, so commercial demand here is local and specific. Burlington is the largest metro, with the University of Vermont and technology manufacturing; Rutland is regional services and manufacturing; Montpelier is the state capital and the smallest capital city in the country.
Vermont's transfer tax on commercial property is one of the highest in the country, but the statute puts it on the buyer, so it shows up in their offer rather than on your settlement statement. Closings run through attorneys.
Valuation
What your Vermont property is worth
How we price it
What a commercial property is worth in Vermont comes down to the income it produces, how durable that income is, and what it costs to hold and transfer the asset here. We underwrite all three rather than applying a statewide cap rate to a number you send us.
Income durability is where most valuations go wrong. A tenant with three years remaining in Burlington is a different risk from the same tenant in Montpelier, and remaining lease term alone does not capture it. We look at what the space actually re-leases for and how long it sits empty first.
Holding and transfer cost is the other half, and it comes directly out of your proceeds. Transfer tax, property tax treatment, and closing convention vary more between states than most sellers expect. The Vermont figures, with the statutes behind them, are set out in the tax and legal section below.
Capital markets today
- 10-yr Treasury
- 5.24%
- 4.12% a year ago
- SOFR
- 3.87%
- 4.2% a year ago
- 30-yr mortgage
- 7.28%
- 6.3% a year ago
- CRE loan delinquency
- 1.53%
- 1.57% a year ago
- CRE prices, YoY
- 6.58%
- -2.7% a year ago
Sources: FRED DGS10, 2026-10-01 · FRED SOFR, 2026-10-01 · FRED MORTGAGE30US, 2026-10-01 · FRED DRCRELEXFACBS, 2026-04-01 · FRED COMREPUSQ159N, 2026-01-01
Vermont tax & legal
Vermont's 1.47% transfer tax on commercial property is among the highest in the country, but the statute puts it on the buyer.
- Transfer tax
- 1.47% (1.25% + 0.22% surcharge)
- Property tax (eff.)
- 1.51%
- 1031 conformity
- Yes
- Closing
- Attorney state
Vermont property tax vs. the 50 states
- Vermont
- Other states
- Median state
Effective property tax rate
0.29%1.88%1.51%
4th highest of 50
Effective rates as cited on each state's page; every state's sources include Tax Foundation.
View all states as a table
| State | Effective property tax rate |
|---|---|
| Arizona | 0.48% |
| Texas | 1.40% |
| Florida | 0.78% |
| Alabama | 0.37% |
| Alaska | 0.94% |
| Arkansas | 0.56% |
| California | 0.70% |
| Colorado | 0.50% |
| Connecticut | 1.54% |
| Delaware | 0.54% |
| Georgia | 0.79% |
| Hawaii | 0.29% |
| Idaho | 0.50% |
| Illinois | 1.88% |
| Indiana | 0.76% |
| Iowa | 1.33% |
| Kansas | 1.21% |
| Kentucky | 0.74% |
| Louisiana | 0.55% |
| Maine | 0.98% |
| Maryland | 0.92% |
| Massachusetts | 1.00% |
| Michigan | 1.19% |
| Minnesota | 1.00% |
| Mississippi | 0.58% |
| Missouri | 0.89% |
| Montana | 0.61% |
| Nebraska | 1.44% |
| Nevada | 0.50% |
| New Hampshire | 1.50% |
| New Jersey | 1.88% |
| New Mexico | 0.63% |
| New York | 1.30% |
| North Carolina | 0.66% |
| North Dakota | 0.92% |
| Ohio | 1.36% |
| Oklahoma | 0.79% |
| Oregon | 0.81% |
| Pennsylvania | 1.26% |
| Rhode Island | 1.12% |
| South Carolina | 0.49% |
| South Dakota | 1.00% |
| Tennessee | 0.52% |
| Utah | 0.48% |
| Vermont | 1.51% |
| Virginia | 0.78% |
| Washington | 0.75% |
| West Virginia | 0.51% |
| Wisconsin | 1.32% |
| Wyoming | 0.53% |
Statutes
- 32 V.S.A. § 9602
- 32 V.S.A. § 9602a
- 32 V.S.A. § 5847
- 32 V.S.A. § 10002
Vermont has one of the steepest transfer taxes in the country, and how it lands on you depends on who the statute charges.
Under 32 V.S.A. § 9602, commercial property transfers are taxed at 1.25% of value, and § 9602a adds a 0.22% clean water surcharge, for 1.47% in total. On a $4M sale that is $58,800. The buyer is liable by statute, but a buyer prices that cost into the offer, so it still shows up in your number.
If you are not a Vermont resident, the buyer must withhold 2.5% of the consideration under 32 V.S.A. § 5847 and remit it to the state, unless you obtain a commissioner's certificate reducing or eliminating it, including for a 1031 exchange. If you bought and subdivided the land within the past six years, Vermont's land gains tax can also apply.
The statewide effective property tax rate on owner-occupied housing is about 1.51%, one of the higher rates in the country. Closings are handled by Vermont attorneys, who perform the title search and opinion. Vermont follows federal 1031 treatment.
Sources: Vermont Department of Taxes; Vermont Statutes; Vermont Supreme Court; Tax Foundation, October 2026 · tax.vermont.gov · property-transfer-tax · legislature.vermont.gov · 09602 · legislature.vermont.gov · 09602a · legislature.vermont.gov · 05847 · legislature.vermont.gov · 10002 · tax.vermont.gov · land-gains-tax · taxfoundation.org · vermont · legislature.vermont.gov · 05824 · law.justia.com · 1944-1
What this means
If you're selling in Vermont
- 01
Transfer tax of 1.47% (1.25% + 0.22% surcharge)
Budget this as a closing cost from day one. It is charged on the sale price, not on your gain, so it applies whether or not the sale is profitable.
- 02
Attorney closing state
Vermont requires an attorney at closing. Engage one before you go under contract — finding one mid-transaction is the most common cause of a slipped closing date.
- 03
1031 exchange defers state tax too
Vermont conforms to federal like-kind exchange treatment, so a properly structured 1031 defers both. You must have a qualified intermediary in place before closing — it cannot be arranged afterward.
Demand drivers
The Vermont economy
Population
0.6M
Pop. growth
-0.3%
Job growth
-0.3%
Unemployment
2.6%
Net domestic migration
-726
Housing permits YTD
1,086
Permits vs last year
-18.2%
Median household income
$83K
How Vermont compares
- Vermont
- Other states
- Median state
Job growth, year over year
-0.9%+1.6%-0.3%
5th lowest of 50
Population growth
-0.3%+1.5%-0.3%
1st lowest of 50
Unemployment rate
2.0%5.1%2.6%
3rd lowest of 50
Median household income
$59K$105K$83K
19th highest of 50
View all states as a table
| State | Job growth, year over year | Population growth | Unemployment rate | Median household income |
|---|---|---|---|---|
| Arizona | +0.6% | +0.9% | 4.9% | $81K |
| Texas | +1.1% | +1.3% | 4.4% | $80K |
| Florida | +0.6% | +0.8% | 4.5% | $78K |
| Alabama | +1.1% | +0.6% | 3.4% | $67K |
| Alaska | +1.3% | +0.1% | 4.3% | $96K |
| Arkansas | +0.6% | +0.6% | 3.9% | $62K |
| California | +0.8% | -0.0% | 5.1% | $100K |
| Colorado | +0.2% | +0.4% | 4.0% | $97K |
| Connecticut | +0.9% | +0.4% | 5.1% | $96K |
| Delaware | +0.1% | +0.9% | 4.7% | $88K |
| Georgia | -0.1% | +0.9% | 3.2% | $80K |
| Hawaii | +0.2% | -0.1% | 2.7% | $101K |
| Idaho | +0.9% | +1.4% | 3.6% | $81K |
| Illinois | +0.2% | +0.1% | 4.7% | $83K |
| Indiana | -0.5% | +0.6% | 3.3% | $72K |
| Iowa | +0.0% | +0.3% | 3.2% | $76K |
| Kansas | +0.5% | +0.4% | 3.8% | $76K |
| Kentucky | -0.1% | +0.5% | 4.7% | $65K |
| Louisiana | +1.6% | +0.1% | 4.2% | $61K |
| Maine | -0.1% | +0.5% | 3.2% | $76K |
| Maryland | -0.2% | +0.3% | 4.1% | $103K |
| Massachusetts | +0.2% | +0.2% | 4.3% | $105K |
| Michigan | +0.2% | +0.3% | 5.0% | $72K |
| Minnesota | +1.4% | +0.6% | 4.4% | $87K |
| Mississippi | +0.4% | +0.1% | 3.4% | $59K |
| Missouri | +1.1% | +0.4% | 3.5% | $72K |
| Montana | -0.9% | +0.6% | 3.2% | $75K |
| Nebraska | +0.2% | +0.6% | 2.9% | $76K |
| Nevada | +1.3% | +0.9% | 4.8% | $81K |
| New Hampshire | +0.2% | +0.5% | 2.8% | $100K |
| New Jersey | -0.2% | +0.4% | 4.3% | $104K |
| New Mexico | +1.6% | -0.1% | 4.7% | $68K |
| New York | -0.0% | +0.0% | 4.3% | $86K |
| North Carolina | +1.3% | +1.3% | 3.5% | $74K |
| North Dakota | +0.5% | +0.8% | 2.2% | $78K |
| Ohio | +0.2% | +0.3% | 3.3% | $72K |
| Oklahoma | +0.7% | +0.6% | 4.3% | $66K |
| Oregon | -0.8% | +0.2% | 5.1% | $85K |
| Pennsylvania | +0.6% | +0.1% | 3.7% | $78K |
| Rhode Island | +0.1% | +0.4% | 3.7% | $84K |
| South Carolina | +1.6% | +1.5% | 4.1% | $72K |
| South Dakota | +0.2% | +0.9% | 2.0% | $77K |
| Tennessee | +0.5% | +0.9% | 3.4% | $72K |
| Utah | +1.0% | +1.0% | 3.5% | $97K |
| Vermont | -0.3% | -0.3% | 2.6% | $83K |
| Virginia | -0.9% | +0.7% | 3.6% | $92K |
| Washington | +0.4% | +0.9% | 4.9% | $99K |
| West Virginia | -0.3% | -0.1% | 4.0% | $61K |
| Wisconsin | +0.6% | +0.3% | 3.2% | $77K |
| Wyoming | +0.8% | +0.3% | 3.0% | $76K |
Vermont's economy rests on advanced manufacturing and electronics, agriculture and specialty food, tourism, healthcare, and higher education. Burlington holds the university and technology manufacturing; tourism and agriculture carry the rest of the state.
Over the past year the state lost jobs at 0.3% over the past year, unemployment is 2.6%, among the lowest in the country, and residential permits are down 18.2% year to date. Low unemployment alongside falling payrolls and population points to a shrinking workforce rather than strong hiring, so we underwrite Vermont property on its existing tenants rather than on growth.
Burlington is where most of our Vermont calls come from, as the largest metro, with the university and technology manufacturing.
Industries driving demand
Advanced manufacturing & electronics
Agriculture & specialty food
Tourism
Healthcare
Sources: U.S. Census Bureau, American Community Survey 1-Year Estimates, 2024 · U.S. Census Bureau, Population Estimates Program, Vintage 2025 · U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, August 2026 · U.S. Bureau of Labor Statistics, Current Employment Statistics (total nonfarm, YoY), August 2026 · U.S. Census Bureau, Building Permits Survey (residential units, year to date), January–August 2026
Regions
Where Vermont volume happens
- 01
Burlington
Largest metro; University of Vermont and technology manufacturing.
- 02
Rutland
Regional services and manufacturing.
- 03
Montpelier
State capital; smallest capital city in the country.
Property types
What we buy in Vermont



Retail18
- Gas Stations & Convenience Stores359
- Car Washes25
- Shopping Centers
- Auto Collision & Repair Shops487
- Auto Parts Stores107
- Oil Change & Lube Centers8
- Truck Stops26
- Grocery Stores221
- Drive-Thru & Casual Dining Buildings435
- Coffee Shops175
- Liquor Stores46
- Pharmacies92
- Dispensaries
- Dollar Stores113
- Cell Phone Stores29
- Bank Branches209
- Pawn Shops & Check Cashing Stores
- Auto Dealerships82
Industrial03
Office & healthcare06
Hospitality & residential04
Specialty17
- Storage Facilities25
- Marinas14
- RV & Mobile Home Parks40
- Parking Garages & Lots8
- Campgrounds40
- Billboards
- Cell Towers
- Churches383
- Funeral Homes39
- Early Education Centers272
- Private & Charter Schools102
- Movie Theatres17
- Data Centers & Battery Farms41
- Post Offices
- Government Buildings
- EV Charging Stations
- Gyms & Fitness Centers92
Process
How selling to Dizposition works
Day 0
01Send us the property
Address, asset type, and the lease if there is one. That is enough for us to start.
- 02
We underwrite it
Our underwriting runs the income against current Vermont market pricing and the cost of capital. No lowball anchor.
10 minutes
03You get a firm offer
In 10 minutes, with the math shown. You will know exactly how we got there.
As fast as 30 days
04Close on your timeline
As fast as 30 days, or as slow as you need. We are the principal, so the date is yours.
FAQ
Selling commercial property in Vermont
Where in Vermont do you buy commercial property?
Statewide. Our activity concentrates in Burlington, Rutland, Montpelier, but we buy across Vermont including secondary and rural markets that most institutional buyers skip.
What kinds of commercial property do you buy in Vermont?
Retail, industrial, healthcare, hospitality, land, and specialty assets. Vermont's economy leans toward advanced manufacturing & electronics and agriculture & specialty food, so we see a lot of advanced manufacturing & electronics-adjacent property here. We also buy assets other people avoid — vacant, environmentally impaired, or with short lease term.
What are the closing costs to sell commercial property in Vermont?
Title and escrow fees, any transfer or recording tax the state levies, prorated property taxes, and payoff of existing debt. Because we are the buyer there is no commission. In Vermont, the transfer tax on a commercial sale is 1.47% (1.25% + 0.22% surcharge). The statute and the rest of the closing-cost detail are in the tax and legal section above.
Is there a transfer tax when you sell commercial property in Vermont?
Vermont's property transfer tax is 1.25% of value for commercial property, plus a 0.22% clean water surcharge. By statute the buyer is liable, and a buyer acquiring a controlling interest in an entity is liable for that transfer. Separately, land purchased and subdivided by the seller within the prior six years can trigger Vermont's land gains tax.
Does Vermont follow federal 1031 exchange rules?
Yes. Vermont conforms to Section 1031, so a properly structured exchange defers state income tax on the gain as well as federal. The 45-day identification and 180-day closing deadlines are federal and apply the same way.
Who handles a commercial real estate closing in Vermont?
Vermont is an attorney state: a licensed attorney conducts or supervises the closing. We work with your attorney or recommend one, and we pay our own legal costs.
Is demand for commercial property growing in Vermont?
Vermont's population is shrinking 0.3% a year and over the latest year it lost a net 726 residents to other states. Employers lost jobs at 0.3% over the past year, with unemployment at 2.6%, and residential permits are down 18.2% year to date. Those are the inputs behind tenant demand; what they mean for your property depends on its submarket and lease, which is what we underwrite.
How long does it take to sell a commercial property to Dizposition?
You get a firm written offer within 10 minutes of sending us the property. If you accept, you can close in as little as 30 days — most of that is title work and your own timeline. There is no listing period, no marketing, and no waiting on a buyer's financing contingency.
Can I sell my property as-is?
Yes. We are the buyer, so there is no lender requiring repairs and no inspection contingency to renegotiate against you. Deferred maintenance, a failing roof, an aging tank system — we price it into the offer rather than asking you to fix it first.
Can I sell with a tenant in place?
Yes, and in most cases a tenant makes the property more valuable to us, not less. We will ask for the lease, a rent roll, and any estoppel certificates. You do not need to deliver the property vacant.
What if my lease is short-term or about to expire?
Short remaining term is one of the main reasons owners come to us. A conventional buyer needs lease term to get financing, which is why short-dated assets sit on the market. We underwrite the real estate and the backfill prospects rather than the remaining term alone.
What if the property is vacant?
We buy vacant assets. Pricing shifts from an income approach to what the building and land are worth to the next user, which is a different calculation — but it is one we do routinely rather than one that disqualifies the property.
Do I need a broker to sell to you?
No. We buy directly, and there is no commission because there is nothing to market. If you already have a broker, we will pay them. Selling without one saves the commission, but you should understand you are also giving up price discovery — a broker's job is to find out whether someone will pay more than we will.
What documents do I need to get an offer?
The address and the lease are enough to start. To finalize, we will want the rent roll, the last two years of operating statements, the title commitment, any existing survey, and any environmental reports you already have. You do not need an appraisal or a broker package.
How do you determine your offer?
We underwrite in-place income against what the space would re-lease for, adjust for capital needs and any environmental tail, and apply a cap rate supported by comparable transactions. We show you the inputs. If you disagree with an assumption, we would rather argue about the assumption than about the number.
What are typical seller closing costs?
Title and escrow fees, any transfer or recording tax owed in your state, prorated property taxes, and payoff of any existing debt. Because we are the buyer, there is no commission and no marketing cost. Transfer tax varies significantly by state and is often the largest single line.
Will I owe capital gains tax when I sell?
Usually yes, on the gain above your adjusted basis, and depreciation recapture is taxed separately from appreciation. State treatment varies. This is a question for your CPA before you sign, not after — the structure of the sale can change the answer.
Can I do a 1031 exchange?
Yes. A 1031 exchange lets you defer federal capital gains by reinvesting in like-kind property, subject to a 45-day identification window and a 180-day closing window from the date you sell. You must have a qualified intermediary in place before closing — it cannot be arranged afterward. Most states conform to federal treatment, but a few do not.
Can I sell if I am behind on payments or facing foreclosure?
Yes, and speed is the reason to move early rather than late. We can close on a defined date, which is what a lender or a receiver generally needs to see. Send us the payoff figure and any notices you have received.
Can I sell a property I inherited or that is in probate?
Yes. Probate sales take longer because the court timeline governs, not ours, and multiple heirs need to agree on the price before anything can close. We are used to working around both. Inherited property also generally receives a stepped-up basis, which can change the tax math substantially.
What if there is environmental contamination?
Send it anyway. Environmental history is one of the most common reasons a conventional sale falls apart, and it is one of the reasons owners call us. We price the remediation and the residual liability into the offer rather than walking away at the Phase II.
Is there any cost or obligation to get an offer?
None. There is no fee, no listing agreement, and no obligation to accept. If our number does not work for you, you keep the underwriting we showed you and we part ways.
10-minute offer
Ready to sell in Vermont?
Send us the address and the lease. You'll have a firm offer, with the math shown, in 10 minutes.