Property profile

227 Main St Portland, CT 06480

OFF-MARKET
Retail space
Property ID
US15-0415779
9,639 SF 0.74 ac lot Built 1997
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Construction STEEL FRAME
Total area 9,639 SF
Lot 0.74 ac (32,234 SF)
Zoning code B3
APN PORT M:019 B:0060
UPID US15-0415779

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm
  • Pharmacy
  • Pharmacy
  • (Bike/Boat/Book/etc) Store
  • Pharmacy

Location

227 Main St Portland, CT 06480-1858
Portland metro Census 560200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.87M

Owner & transaction history

since 2021
Last sale
$1.8M
2 recorded transactions
2021
$1.8M
2007
$1

Zoning & alternative use

B3 · Portland, CT
Top alternative use upside
Office building $2.1M +130.4%
Restaurant $1.1M +27.2%

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
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