31 Parum Road, Colchester, CT 06415
Lots and Land For Sale · Residential Land
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About This Home
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 ($25,000 per approved unit) - priced below comparable approved sites in the region. Full Offering Memorandum available upon request.
Listed by Ryan O'Keeffe (203) 297-0849 with Salzillo Realty Company (860) 637-1379
Listing Snapshot
| Price | $750,000 | Days on Our Site | 6 days |
| Property Tax | $3,201/yr | Style | — |
| Year Built | — | Total Sq Ft | — |
| Lot Size | 2.56 acres | HOA Fees | N/A |
| Bedrooms | — | Full Bathrooms | — |
| Total Rooms | — | Half Baths | — |
Key Features
- Golf Course
- Library
- Medical Facilities
- Park
- Playground/Tot Lot
Systems & Utilities
Schools
Mortgage Calculator
Estimate only. Contact a lender for accurate figures.
Listing History
| Date | Event | Price |
|---|---|---|
| Sep 9, 2026 | Listed | $750,000 |
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Listing Agent
Ryan O'Keeffe · (203) 297-0849
Salzillo Realty Company · (860) 637-1379
MLS# 24205864 · Data provided by SmartMLS. Information deemed reliable but not guaranteed.
Listing updated Sep 9, 2026 11:47 PM UTC
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31 Parum Road, Colchester CT, 06415
$750,000 • Active
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