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Property profile & analytics
OFF-MARKET
Industrial land
Sand Hl Rd Portland, CT 06480
Entity Owned
15-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-1133419
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
16.05 ac (699,138 SF)
Zoning code
IP
APN
PORT M:023 B:0007
UPID
US15-1133419
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cosull Lodge LLC · 15 yrs held
Cosull Lodge LLC
since 2010
1 recorded transaction
Zoning & alternative use
IP · Portland, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of IP district is to develop farms and roadside stands for the sale of farm produce and products accessory to the farm
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
255.48 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$142
Tax year 2023
Assessed value
$4,380
Assessed 2023
Previous assessed
$4,380
+0.0% YoY
Effective rate
3.24%
On assessed value
Assessed land
$4,380
Applied tax rate
276.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
16.05 ac (699,138 SF)
Zoning code
IP
APN
PORT M:023 B:0007
UPID
US15-1133419
Jurisdiction
PORTLAND
Zoning & alternative use
IP · Portland, CTZoning IP · permitted uses
IP · Portland, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of IP district is to develop farms and roadside stands for the sale of farm produce and products accessory to the farm
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
255.48 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
16.05 ac
Current owner
From public records · entity-resolved
Cosull Lodge LLC
Entity
Free & Clear · 15 yrs held
Mailing address
209 SAND HL RD, PORTLAND, CT 06480-1774
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2010
$1
Cosull Lodge LLC
Manner,edward B
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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