Last Sold Price
13,000 sqft$85/sqft
1611 Portland-Cobalt Rd, Portland, CT 06480

Description

This property has been an icon business Axelrod Tire If your looking for one of the best locations Portland Ct offers, here it is.. The traffic count will not disappoint, gets better and better every year - many drive this route, 7 days a week! If you just want to be a landlord, tenants are in place & have been for many years. If you have Business now or you want to start something new, need a bigger space/building, looking for a better location, this could be what your looking for. Walking into...This property has been an icon business Axelrod Tire If your looking for one of the best locations Portland Ct offers, here it is.. The traffic count will not disappoint, gets better and better every year - many drive this route, 7 days a week! If you just want to be a landlord, tenants are in place & have been for many years. If you have Business now or you want to start something new, need a bigger space/building, looking for a better location, this could be what your looking for. Walking into a money maker right here.. This wheel is running smooth and just needs a little grease once in a while.
LISTING CLOSED: 04/01/2022 12:00 AM

  1. Listed by Linda B O'Hara • William Raveis Real Estate
    P: (860) 209-7044 C: (860) 209-7044 linda.ohara@raveis.com

Property Details for 1611 Portland-Cobalt Road

Status
MLS #
170467275
Days on Market
21
Taxes
$38,554 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Non-Residential
MLS Type
-
Year Built
1977
Lot Size
8.28 AC / 360,676 SF
Location
Highway Access
Neighborhood
N/A
Garage Parking Info
Off Street Parking, Parking Lot

Recent comparable sales

Median sold price

$75,000

Avg days on market

257

Sale-to-list ratio

84.0%

Portland, CT

9 comparable properties found

1

$275,000

Sold 02/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
$65,000 | 0 Breezy Corners Road, Portland, CT 06480
2

$65,000

Sold 06/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.22
Acres
$65,000 | 0 Jobs Pond Road, Portland, CT 06480
3

$65,000

Sold 10/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.36
Acres
a view of a yard
4

$20,000

Sold 06/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10.8
Acres
$36,200 | 9 Wildwood Road, Portland, CT 06480
5

$36,200

Sold 02/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.19
Acres
$75,000 | 20 Meshomasic Trail, Portland, CT 06480
6

$75,000

Sold 04/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.31
Acres
an aerial view of houses with outdoor space
1/49
7

$1,075,000

Sold 10/31/24

Unavailable
Bedrooms
Unavailable
Bathrooms
9,903
Square Feet
0.88
Acres
$95,000 | 414 Cox Road, Unit 6, Portland, CT 06480
8

$95,000

Sold 05/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
a view of a yard
9

$124,900

Sold 08/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.15
Acres

Location

Listing Courtesy of William Raveis Real Estate, Linda B O'Hara

Sold By William Raveis Real Estate, Linda B O'Hara

Add your commute

Building Information for 1611 Portland-Cobalt Road

Stories-Residences2Year Built1977Lot Size8.28 AC / 360,676 SF

Payment Calculator

$8,804 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,591

Property Taxes

$3,213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1611 Portland-Cobalt Road

Summary
Property and Location
  • Directions: Route 66 is Portland Cobalt Rd.
  • Latitude: 41.560207
  • Longitude: -72.579725
  • State: Connecticut
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Tax Year: July 2021-June 2022
  • Property Tax: $38,554
Interior and Exterior Features
Exterior Features
  • Exterior Features: Awnings, Doors - 10-15 ft, Doors - 16-20 ft, Lighting, Sidewalk
Interior Features
  • Cooling System: None
  • Heat Type: Other
Property
Property and Assessments
  • Construction Description: Steel
  • Potential Use: car repair, storage facility
  • Present Use: car repair
  • Road Frontage Description: State Road
  • Roof: Asphalt Shingle
  • Sq Ft Source: Approximate
  • Year Built: 1977
  • Bank Owned Property: No
Lot Information
  • Documents Available: Appraisal, Environment Site Assess. (Phase 1), Environmental Site Assess. (Phase 2)
  • Lot Description: Level Lot
  • Parcel Number: 999999999
  • Sq Ft Total: 13000.0
  • Zoning: b1
Utilities
  • Heat Fuel Type: Oil
  • Sewage System: Septic
  • Utilities Available: Electric
  • Water Source: Private Well
Multi Family
Income and Expenses
  • Gross Annual Income: 200100
  • Occupied By: Vacant
  • Total Number of Units: 2
Building Details
  • Unit Count: 2
  • Number of Tenants: 4
Unit 1
  • Unit Entry Order: 1
  • Unit Modified Date: 02-14-2022
  • Unit Type: Industrial
Unit 2
  • Unit Entry Order: 2
  • Unit Modified Date: 02-14-2022
  • Unit Type: Industrial

Property History for 1611 Portland-Cobalt Road

DateEvent & SourcePriceAppreciation
Mar 29, 2022

Closed (Public Record)

Public Record #1487516466

$1,100,000
DateEvent & SourcePrice
03/29/2022

Closed (Public Record)

Public Record #1487516466

$1,100,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1611 Portland-Cobalt Road

Taxable ValueLand$471,660Additions$629,580Total$1,101,240
Tax Record2024$38,874 ($3,240 / month)
Home Facts
Lot Size360,459 SqFtStyleMiscellaneous CommercialZoningB1CountyLOWER CONNECTICUT RIVERAPNPORT M:007 B:0008

Schools near 1611 Portland-Cobalt Road

This home is within Portland School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 6
Public - 7 to 8
Rating
School
Distance
Valley View School
PublicPK to 1

Gildersleeve School
Public2 to 4

Brownstone Intermediate School
Public5 to 6

Portland Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1611 Portland-Cobalt Road, Portland, CT 06480
$1,100,000
13,000
$150,000
2.5
1,638
5,040
16,200
1,044

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis Real Estate, Linda B O'Hara

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.