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    365 Storrs Road Mansfield, CT 6250

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    Well-located office/medical building with expansion potential near UConn.

    Type:Commercial
    Property size:
    1,778 SF
    Added:
    Mar 31, 2026
    Days on Market:
    23
    Last Refresh:
    Apr 20 at 3:14 pm

    Property Features for 365 Storrs Road

    General Information

    Standard status
    Active
    Size
    1,778 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1982

    We can help!

    Listing Contact
    David Mieczynski
    David Mieczynski

    Listing agent David Mieczynski License #REB.0788359

    Listing office National Realty Advisors LLC

    Listing date Mar 31, 2026

    Source Iverty

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

    All listing content including descriptions, pricing, images are the copyrighted material of National Realty Advisors LLC

    Overview

    Office/Medical Building Near UConn

    Located on Route 195, minutes from East Brook Mall and UConn, the property at 365 Storrs Road, Mansfield, CT 06250, is an office/medical office building. The property offers visibility, convenient access, and a large paved parking lot. The layout is designed for medical or traditional office use and includes a waiting/reception area, a restroom, five exam rooms, an x-ray room, and a private office with its own restroom. The second floor is currently unfinished but approved to expand office, creating potential for additional office space, storage, or possible residential conversion, subject to approvals. Capital improvements include a new roof (2019), new furnace (2023), and new windows (2012). The property has a size of 1778 square feet and is suited for an owner-user, healthcare practice, or investor.
    Location Intelligence

    Current Use by Public Records

    Alexander J. Salustri ... Alternative Medicine Practice SHERRI ANNE ERICKSEN Alternative Medicine Practice Therapeutic Massage At Chiro Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Auto Repair Shop Skin Care Clinic Accounting Firm Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Windham
    State
    Connecticut
    Longitude
    -72.19307
    Latitude
    41.75348

    Nearby Similar for Sale

    • $1,895,000
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      Key Bank Investment Opportunity

      NNN property near hospitals and universities on Route 195.
      6 Storrs Road, Mansfield, CT 06250
      View Details
    • Contact for pricing
      4,776 SF

      Mansfield Commercial Opportunity on Route 32

      Five-bay garage with office on 1.6 acres.
      860 Stafford Road, Mansfield, CT 06268
      View Details
    • $5,842,321
      8,502 SF

      Three-Tenant Plaza in Mansfield, CT

      8,502 SF plaza with Aspen Dental, Five Guys, Chipotle.
      96 Storrs Rd, Mansfield, CT 06250
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    • $1,895,000
      15,300 SF

      Mansfield Investment Opportunity on Route 195

      Prime investment property near East Brook Mall with diverse tenants.
      6 Storrs Rd, Mansfield, CT 06226
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Well-located office/medical building with expansion potential near UConn.
    Where is this medical office space located?
    The property is located at 365 Storrs Road Mansfield, CT.
    What are key features of this property?
    This property features: Prime location on Route 195, near East Brook Mall and UConn, offering excellent visibility and convenient access.; Layout designed for medical or traditional office use, featuring a waiting/reception area, five exam rooms, an x‑ray room, and two restrooms.; Value‑add potential with an unfinished second floor approved for expansion, allowing for additional office space, storage, or possible residential conversion (subject to approvals).
    (860) 234-7435
    We can help!
    Listing Contact
    David Mieczynski
    David Mieczynski
    Real Estate License ID: REB.0788359
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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