Property profile

984 Portland Cobalt Rd Portland, CT 06480

OFF-MARKET
Commercial real estate
Property ID
US15-0294998
16.1 ac lot Built 2001
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2001
Construction STEEL FRAME
Lot 16.1 ac (701,316 SF)
Zoning code I
APN PORT M:032 B:0001
UPID US15-0294998

Cap rate & NOI

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

Location

984 Portland Cobalt Rd Portland, CT 06480-1719
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
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2016
4 recorded transactions
2017
Price N/A
2016
Price N/A
2001
Price N/A
1969
Price N/A

Zoning & alternative use

I · Portland, CT
Zoning description

The intent of I district is to allow uses related to general manufacturing, packing and processing of material goods

General category INDUSTRIAL

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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