You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $1,120,000
Investment properties

455 Portland Cobalt Rd Portland, CT 06480-1910

9.5 ac lot Built 1960
Entity Owned 4-yr Hold Free & Clear
Property ID
US15-0671295
Property summary
AI-generated overview

This exceptional commercial property, located at 455 Portland Cobalt Road in Portland, Connecticut, presents a unique investment opportunity. The 9.5-acre parcel boasts two existing structures, offering significant flexibility for a variety of commercial uses. One building, measuring 864 square feet, previously served as a breakfast restaurant and could be easily repurposed for a cafe, retail space, or office. The second building, a substantial 2160 square feet, was formerly a veterinary hospital and is well-suited for medical offices, clinics, or other professional services. Alternatively, the site offers the potential for complete redevelopment, allowing for the construction of a new building tailored to specific needs. The large, level lot provides ample space for parking, expansion, or additional development. The property benefits from excellent visibility, with eastbound traffic exceeding 15,200 vehicles daily, according to the Department of Transportation. Its central Connecticut location ensures convenient access to major highways, making it easily accessible to customers and clients throughout the state. This property is ideally positioned for entrepreneurs and investors seeking a high-visibility location with significant development potential. The combination of existing buildings and expansive land provides a rare opportunity to establish a thriving commercial enterprise in a prime location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Construction WOOD FRAME
Lot 9.5 ac (413,820 SF)
Zoning code B2
APN PORT M:012 B:0031
UPID US15-0671295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.21M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.12M
Owner & transaction history
Jcg Properties LLC · 4 yrs held
Jcg Properties LLC
since 2021
Last sale
$1.1M
2 recorded transactions
2021
$171,000
2015
$1.1M
Zoning & alternative use
B2 · Portland, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 455 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.
List this address →
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