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    Property profile & analytics

    279 Main St Portland, CT 06480-1856

    • Investment properties
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US15-0811397
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Connecticut Steam Brownstone Memorial / Historical Landmark
    • Fabian's Pizza / Pizza Restaurant

    Property Details for 279 Main St

    Year built
    1950
    Construction
    WOOD FRAME
    Lot size
    0.20 lot acres
    Zone code
    B3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    PORT M:029 B:0258
    APU
    PORTM029B0258

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $415,000
      6.5%
      $360,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $410,000
      Mixed-Use
      $335,000
      Hospitality
      $415,000
      Educational
      $445,000
      Residential Income
      $440,000
      Energy
      $360,000
      Income-Based Land
      $390,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6378
    Latitude
    41.5762
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,318
    $57,610
    $229,460
    $287,070
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $220,000
      3,984 SF

      634 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,984 SF
      634 Main St, Portland, CT 06480-1134
      View Details
    • Value Estimation
      $350,000
      3,358 SF

      229 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,358 SF
      229 Main St, Portland, CT 06480-1858
      View Details
    • Value Estimation
      $290,000
      2,379 SF

      218 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,379 SF
      218 Main St, Portland, CT 06480-1861
      View Details
    • Value Estimation
      $275,000
      0.40 Acres

      112 Marlborough St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.40 Acres
      112 Marlborough St, Portland, CT 06480-4834
      View Details
    • Value Estimation
      $330,000
      7.40 Acres

      16 Sand Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 7.40 Acres
      16 Sand Hl Rd, Portland, CT 06480-1737
      View Details
    • Value Estimation
      $255,000
      2,324 SF

      7 Sand Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,324 SF
      7 Sand Hl Rd, Portland, CT 06480-1785
      View Details

    Similar Nearby for Sale

    • $1,150,000

      Industrial Property with Crane Bays

      1.54 acre industrial property featuring crane bays and lift.
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      Specialty Property for Sale

      Specialty property available for purchase.
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      Portland Industrial Land - 7.94 Acres

      Prime Industrial Land, Excellent Location, Route 66 Access
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      Charming 1897 Farmhouse on 2.46 Acres

      Historic farmhouse with barn, outbuilding, and greenhouse on scenic lot.
      171 Bartlett St, Portland, CT 06480
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    • $710,000

      Operational Marina on Connecticut River

      Marina with frontage on Connecticut River and Route 17A.
      674 Main St, Portland, CT 06480
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      Land for Sale

      Land available for purchase.
      Gadpouch Rd, East Hampton, CT 06480
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    Similar Nearby for Lease

    • Contact for pricing
      9,982 SF

      Retail and Restaurant Space Available

      Retail and restaurant spaces for lease in mixed-use development.
      25 Marlborough St, Portland, CT 06480
      View Details
    • $4,500 /Mo
      5,000 SF

      Prime Retail/Office Space Available

      5000 sqft retail/office space in high-traffic area.
      143 Marlborough St, Portland, CT 06480
      View Details
    • Contact for pricing
      10,242 SF

      Mixed-Use Development Retail Space

      Retail, medical, and office spaces available in new town center.
      69 Marlborough St, Portland, CT 06480
      View Details
    • $1,750 /Mo

      Portland Specialty Property For Rent

      Specialty property available for rent in Portland, Connecticut.
      553 Portland Cobalt Rd, Portland, CT 06480
      View Details
    • Contact for pricing
      2,152 SF

      Mixed-Use Development in Portland, CT

      Commercial spaces for lease in new town center development.
      68 Marlborough St, Portland, CT 06480
      View Details
    • Contact for pricing
      4,602 SF

      New Mixed-Use Development Space

      Retail, restaurant, and office spaces available in Portland, Connecticut.
      185 Main St, Portland, CT 06480
      View Details
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    279 Main St
    Portland, CT 06480-1856
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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