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    303 Merrow Rd Tolland, CT 06084

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    For Sale
    $2,799,900

    34,000 SF Class B office primed for self-storage conversion.

    Property size:
    33,778 SF
    Lot size:
    15.22 Acres

    Property Features for 303 Merrow Rd

    General Information

    Size
    33,778 SF
    Lot size
    15.22 Acres

    Source: BHHS - New England Properties | South Windsor Agent Mark Riesbeck

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tolland Office Conversion Opportunity

    Located at 303 Merrow Road in Tolland, CT, this 34,000-square-foot Class B office space presents an exceptional investment opportunity. The property is newly primed for conversion into a self-storage facility, benefiting from recently approved zoning amendments and a strong market outlook. This location is strategically positioned just off Route 195, approximately 1 mile from I-84 and 5.5 miles from the UConn Storrs campus, offering high accessibility to a wide customer base, including residents, businesses, and schools. The newly approved zoning allows for a range of potential uses, including self-storage, retail, personal and professional services, hospitality, and mixed-use development. A Pre-Development Self-Storage Site & Market Feasibility Study suggests a combination of drive-up, non-climate-controlled units on the open land and climate-controlled, interior-access units within the existing building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The CNA Preparatory School, ... Nursing School

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tolland
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.3438897
    Latitude
    41.8580005

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    FAQs

    What type of property is this?
    Self storage facility - 34,000 SF Class B office primed for self-storage conversion.
    Where is this self storage facility located?
    The property is located at 303 Merrow Rd Tolland, CT.
    What is the asking price?
    The asking price for this property is $2,799,900.
    What are key features of this property?
    This property features: - Pre-approved for self-storage conversion: Zoning amendments are in place, paving the way for immediate development into a self-storage facility.; - Strategic Location: Situated off Route 195, with easy access to I-84 and proximity to UConn Storrs, ensuring a wide customer base.; - High Development Potential: Feasibility study proposes a mix of drive-up and climate-controlled self-storage units, maximizing revenue potential.
    (860) 874-6629
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    303 Merrow Rd Tolland, CT 06084
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    Tolland, CT 06084
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    303 Merrow Rd Tolland, CT 06084
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