Property profile

724 Portland Cobalt Rd Portland, CT 06480

OFF-MARKET
Retail space
Property ID
US15-0260608
5,219 SF 0.52 ac lot Built 1960
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction STEEL FRAME
Total area 5,219 SF
Lot 0.52 ac (22,651 SF)
Zoning code B2
APN PORT M:022 B:0003 L:1
UPID US15-0260608

Cap rate & NOI

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

Location

724 Portland Cobalt Rd Portland, CT 06480-1760
Portland metro Census 560100 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2011
3 recorded transactions
2011
$3,000
2007
$149,000
2007
$1

Zoning & alternative use

B2 · 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
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