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    21 Terminal Way Norwich, CT 06360

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    For Sale
    $6,900,000

    51,700 SF self-storage facility with 348 units.

    Property size:
    51,200 SF
    Lot size:
    0.61 Acres

    Property Features for 21 Terminal Way

    General Information

    Size
    51,200 SF
    Lot size
    0.61 Acres

    Source: National Storage Partners Agent Hans Hardisty

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

    Overview

    Norwich Self-Storage Facility For Sale

    This property is a self-storage facility featuring 348 units within a 4-story building. The gross square footage of the building is 51,700 square feet, with a net rentable square footage of 35,700 square feet. Three of the four stories are climate-controlled.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Trailer Rental Service Radiant Storage Self-Storage Facility

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    New London
    State
    Connecticut
    Longitude
    -72.082819
    Latitude
    41.509794

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    FAQs

    What type of property is this?
    Self storage facility - 51,700 SF self-storage facility with 348 units.
    Where is this self storage facility located?
    The property is located at 21 Terminal Way Norwich, CT.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: - 348 Units; - 35,700 NR SF; - 51,700 G SF
    (914) 489-7909
    Request Owner's contact information
    21 Terminal Way Norwich, CT 06360
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    Norwich, CT 06360
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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
    21 Terminal Way Norwich, CT 06360
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