The Villages at Four Corners
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
Highlights:
• 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 or residential projects that contribute lasting value to the local economy.
• Address:
• 1659 Storrs Road, Mansfield, CT 06268
• 625 Middle Turnpike, Mansfield, CT 06268
• Corner Lot- Both Lots merged as one.
• Proximity: 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
• 116 Housing Units total
• 17 Affordable
• 6 Workforce
• 12,256 sqft of Retail
• 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
• Mixed-Use Development
• Commercial and Business Activities
• Total Acres: 9.01
- Property type
- Retail
- Building size
- 11,954 SF GLA
- Lot size
- 9.01 acres
- Occupancy
- 100%
- Zoning
- PB3 - Planned Business-3 Zone
- Cap rate
- 6.7%