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    159 Merrow Rd Tolland, CT 06084

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    For Sale
    Contact for pricing

    1,580 SF former bank branch in Tolland, CT.

    Property size:
    1,580 SF
    Lot size:
    6.11 Acres

    Property Features for 159 Merrow Rd

    General Information

    Size
    1,580 SF
    Lot size
    6.11 Acres

    Source: Sherwin Avenue Partners Agent Andy White

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

    Overview

    Former Bank Building For Sale

    This 1,580 square foot property is a former bank branch. It fronts Merrow Road (Route 195) with an average daily traffic count of 91,822. The property is located at the intersection of I-84, at the main entrance to Fieldstone Commons Shopping Center, a 100,000 square foot shopping center anchored by a Big Y grocery store.
    Insight Report Location Intelligence

    Current Use by Public Records

    Savings Institute Bank ... Bank Tolland Imaging Doctor Fieldstone Family Practice Medical Clinic Berkshire Bank Bank

    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
    Tolland
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.3568083
    Latitude
    41.862221

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    FAQs

    What type of property is this?
    Bank - 1,580 SF former bank branch in Tolland, CT.
    Where is this bank located?
    The property is located at 159 Merrow Rd Tolland, CT.
    What are key features of this property?
    This property features: - High Traffic Location: Fronting Merrow Rd. (Rt-195) with 91,822 ADT.; - Intersection of I-84: Highly accessible location.; - Entrance to Fieldstone Commons: Located at the main entrance to a shopping center.
    (312) 515-8269
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    159 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
    159 Merrow Rd Tolland, CT 06084
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