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5 days ago
Street View
$750,000
-- Bed
-- Bath
2.56acres lot
31 Parum Rd, Colchester, CT 06415
$750,000
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
2.56 acres lot
$292,969/acre
Description
Rare fully entitled, shovel-ready development opportunity in Colchester, CT. 31 Parum Road is a 2.56-acre site (111,439 SF) with Planning & Zoning approval for a 30-unit multifamily building under C.G.S. 8-30g. Base suburban zoning permits only 10 units - the approved affordable housing set-aside is what unlocks the additional 20 units, creating significant embedded value. Approvals, architecture, civil, MEP, survey, and geotech all convey with the sale. Public water and sewer are already in the road. 444.7 ft of frontage on Route 354. Unit mix of 18 one-bedroom and 12 two-bedroom units across a 3-story building with walk-out lower level, 25,202 SF net rentable. Site sits...
Continue Reading- Houzeo last checked: 3 minutes ago
- Listing updated: September 9, 2026 at 11:47 pm
- Listing Provided by: Ryan O'Keeffe | Salzillo Realty Company
- Source: SMART MLS-CT | MLS#: 24205864
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2.56 acres lot
Basement Area
- sqft
MLS Name
SMART MLS
MLS Number
24205864
MLS Status
Active
Days on Market
4
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