www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29209466
29209486

1659 Storrs Rd, Mansfield, CT 06268

HC
CT CT: REB.0795295, MA MA:1002231
EXP Commercial
Listed by EXP Commercial
Unpriced
143 days on market
Updated 18 days ago
Opportunity zone

The Villages at Four Corners

Details
Property Type Retail, Multifamily (+2)
Sub Type Commercial, Multifamily (+1)
Square Footage 361,536
Net Rentable (SqFt) 305,367
Cap Rate 7.50%
NOI $305,367
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 5
Class A
Acreage 9.010
Zoning PB3
Investment Type Redevelopment
Ground Lease No

The Villages at Four Corners | Multi-Tenant Retail Investment with Premier UConn Development

Marketing description

Storrs-Mansfield, CT — Home of Ncaa Division I Champions, The UConn Huskies

Located in the vibrant college town of Storrs, this exceptional 9.01-acre mixed-use development opportunity sits at the heart of Mansfield’s economic and cultural core, adjacent to the University of Connecticut’s flagship campus.


“The Villages at Four Corners” offers a rare chance to develop in one of Connecticut’s most supply-constrained, high-demand student housing markets.


Last Approved development site for Student Housing / Mixed Use, near campus with utility access! Per the town Pocd


UConn Market Demand Drivers:

+5.1% projected enrollment growth at the Storrs campus by Fall 2025

Over 7,000-student housing shortfall projected

Only 13,900 beds available for over 21,000 undergraduates

On-campus housing guarantees revoked in 2024 due to overcapacity

Waitlists and off-campus demand are growing rapidly


Storrs, Mansfield, CT – Home of Ncaa Division I Champions: The UConn Huskies

Storrs is the cultural and economic heart of Mansfield, Connecticut, anchored by the University of Connecticut’s flagship campus, a nationally recognized NCAA Division I powerhouse. This dynamic college town masterfully blends New England charm with the energy and innovation of a top-tier public university.

Located just 30 miles from Hartford, Storrs offers a unique mix of pastoral beauty and modern infrastructure. Its rolling hills, open green spaces, and walkable village center provide a serene backdrop for a growing community driven by education, athletics, and innovation.


With a strong institutional anchor, robust demand for housing, and strategic access to regional highways, Storrs presents an exceptional opportunity for investors seeking long-term growth in a supply-constrained, high-demand market. The area’s balance of academic vitality, community engagement, and underutilized development potential makes it ideal for mixed-use / residential housing projects that contribute lasting value to the local economy.

Investment highlights

  • Located just 30 miles from Hartford, Storrs offers a unique mix of pastoral beauty and modern infrastructure. Its rolling hills, open green spaces, and walkable village center provide a serene backdrop for a growing community driven by education, athletics, and innovation

  • With a strong institutional anchor, robust demand for housing, and strategic access to regional highways, Storrs presents an exceptional opportunity for investors seeking long-term growth in a supply-constrained, high-demand market.

  • Corner Lot- Both Lots merged as one.

  • Adjacent to UConn’s main campus - North Entrance

  • Target Use: Student Housing / Mixed Use Development / Hospitality

  • Current Approved Use: Mixed Use Development with Affordable Housing

  • 17 Affordable / 6 Workforce

  • Special Zoning Permit: Awarded

  • Public Water & Utilities: Approved by city

  • Public Sewer Permit: Awarded

  • Very limited - “Will Serve” letter Awarded through water company

  • Current Use: Multi tenant commercial investment property

  • Fully leased to a mix of food service and convenience tenants

  • Structured as both base rent and percentage rent.

  • Tenants include a gas station, QSR, restaurant/bar and retail food.

  • Zoned: PB3 - Planned Business-3 Zone

Listing Contacts

HC
CT CT: REB.0795295, MA MA:1002231
EXP Commercial
Listed by EXP Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$305,367.47
$25,447.29/mo

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Howie Coro
License
CT: REB.0795295
Brokerage
eXp Commercial
Brokerage Phone
860-743-1695
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591