Property profile

1587 Portland Cobalt Rd Portland, CT 06480

OFF-MARKET
Auto shops
Property ID
US15-1061020
16,200 SF 3.23 ac lot Built 2015
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2015
Construction STEEL FRAME
Total area 16,200 SF
Lot 3.23 ac (140,699 SF)
Zoning code B1
APN PORT M:007 B:0009
UPID US15-1061020

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1587 Portland Cobalt Rd Portland, CT 06480-1755
Portland metro Census 560100 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

B1 · Portland, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1587 Portland Cobalt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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