303 Merrow Rd
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303 Merrow Rd
33,778 SF 23% Leased Office Building Tolland, CT 06084 $2,249,900 ($67/SF)
Executive Summary
Class B Office Space located on Rte 195 in Tolland, 1 mile from I-84 and 5.5 miles from UConn Storrs. Building houses the research and advisory firm Nerac and is located in the Technology Campus Zone. Multi-purpose office space also supports several startup companies within a Venture Incubator capitalizing on the proximity to the UConn Storrs campus and the growing emphasis on the successful commercialization of new innovations and emerging technologies coming from university research and student focused entrepreneurial programming. The property can used used for the following designations either through a Permitted Site Plan or a Special Permit: Retail, Personal, & Professional Service, Hospitality, Commercial Office, Commecial Laboratory & R&D, Residential & Mixed Use Development, Institutional, Public & Recreational, Agriculture & Natural Resources.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
33,778 SF
Building Class
B
Year Built
1988
Price
$2,249,900
Price Per SF
$67
Percent Leased
23%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
16,889 SF
Building FAR
0.05
Land Acres
15.32 AC
Zoning
TCZ - Technology Campus Z
Parking
192 Spaces (5.68 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Fitness Center
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | TOLL-000028-B000000-000011 | Improvements Assessment | $1,322,000 |
| Land Assessment | $429,300 | Total Assessment | $1,751,300 |
PROPERTY TAXES
Parcel Number
TOLL-000028-B000000-000011
Land Assessment
$429,300
Improvements Assessment
$1,322,000
Total Assessment
$1,751,300
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Mark Riesbeck -
Berkshire Hathaway New England
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303 Merrow Rd
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