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    Property profile & analytics

    421 Gospel Ln Portland, CT 06480-1243

    • Gas stations
    • 1,788 SF
    • 0.90 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US15-1032117
    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

    • Citgo / Gas Station
    • On the the Go Portland / Gas Station / Convenience Store
    • ATM / Atm

    Property Details for 421 Gospel Ln

    Year built
    2007
    Construction
    FRAME
    Lot size
    0.90 lot acres
    Property size
    1,788 SF
    Zone code
    RI
    Property type
    Gas stations
    APN
    PORT M:068 B:0004
    APU
    PORTM068B0004

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $250,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $205,000
      Mixed-Use
      $280,000
      Hospitality
      $270,000
      Educational
      $270,000
      Residential Income
      $260,000
      Energy
      $240,000
      Income-Based Land
      $225,000
      Food Service
      $215,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6031
    Latitude
    41.6016
    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
    $11,997
    $110,460
    $259,140
    $369,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $445,000
      2,476 SF

      181 Main St

      SERVICE STATION (FULL SERVICE) • 2,476 SF
      181 Main St, Portland, CT 06480-1860
      View Details
    • Value Estimation
      $405,000
      2,184 SF

      1096 Portland Cobalt Rd

      SERVICE STATION (FULL SERVICE) • 2,184 SF
      1096 Portland Cobalt Rd, Portland, CT 06480-1717
      View Details
    • Value Estimation by Request
      4,513 SF

      204 Marlborough St

      SERVICE STATION (FULL SERVICE) • 4,513 SF
      204 Marlborough St, Portland, CT 06480-1876
      View Details
    • Value Estimation
      $295,000
      2,894 SF

      131 Marlborough St

      SERVICE STATION (FULL SERVICE) • 2,894 SF
      131 Marlborough St, Portland, CT 06480-1830
      View Details
    • Value Estimation
      $360,000
      7,687 SF

      687 Portland Cobalt Rd

      SERVICE STATION (FULL SERVICE) • 7,687 SF
      687 Portland Cobalt Rd, Portland, CT 06480-1725
      View Details
    • Value Estimation
      $550,000
      3,698 SF

      182 Main St

      SERVICE STATION (FULL SERVICE) • 3,698 SF
      182 Main St, Portland, CT 06480-1826
      View Details

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    Similar Nearby for Lease

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      5,000 SF

      Prime Retail/Office Space Available

      5000 sqft retail/office space in high-traffic area.
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      View Details
    • Contact for pricing
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      Commercial spaces for lease in new town center development.
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      View Details
    • Contact for pricing
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      Retail and Restaurant Space Available

      Retail and restaurant spaces for lease in mixed-use development.
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    • Contact for pricing
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      Commercial spaces available in Portland, Connecticut's new town center.
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      View Details
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    421 Gospel Ln
    Portland, CT 06480-1243
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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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