31 Parum Road
Colchester, CT 06415
2.56Acres(Lot)
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 near the Route 2/Route 11 interchange, minutes to shopping and under 30 minutes to Hartford. Offered at $750,000 ($25,0
Property Details
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Features
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Lot Information
Lot Size Acres: 2.56 Lot Description: Corner Lot, Level, Rolling Slope, Sloped, Wooded
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Listing Price Information
Listing Price: $750000
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Tax Information
Parcel Number: 1457420 Annual Tax: $3201
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School Information
Elementary School: Per Board of EdJunior High School: Per Board of EdSenior High School: Per Board of Ed -
Location Information
Direction: GPS Friendly WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 133 Lake Hayward Road, Colchester, CT, 06415 | $599,900 | -- | -- | -- | 25 Acres(Lot) |
| 176 Shailor Hill Road, Colchester, CT, 06415 | $1,100,000 | -- | -- | -- | 20 Acres(Lot) |
Similar Land To 31 Parum Road
Nearby For Sale
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ByOwner last updated this listing 09/14/2026 @ 05:18
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