31 Parum Road, Colchester, CT 06415 | RYZE Realty Group
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31 Parum Road, Colchester, CT 06415

Lots and Land For Sale · Residential Land

31 Parum Road, Colchester, CT
Active
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$750,000
Est. Payment: $4,361/mo  Get Pre-Approved
2.56
Acres

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 0 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

Nearby
  • Golf Course
  • Library
  • Medical Facilities
  • Park
  • Playground/Tot Lot

Systems & Utilities

Water Public Water Connected, Public Water In Street
Sewer Public Sewer Connected, Public Sewer In Street

Schools

Elem Per Board of Ed
Middle Per Board of Ed
High Per Board of Ed

Mortgage Calculator

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Est. Monthly Payment —
Principal & Interest —
Est. Property Tax $267/mo
Est. Home Insurance —

Estimate only. Contact a lender for accurate figures.

Listing History

Date Event Price
Sep 9, 2026 Listed $750,000

Frequently Asked Questions

How much does 31 Parum Road in Colchester, CT cost?
This property is listed at $750,000.
Is 31 Parum Road, Colchester, CT still available?
The current MLS status of this property is "Active". Contact RYZE Realty Group for the latest availability.
What school district is 31 Parum Road, Colchester in?
This home is served by the Colchester public school system, with Per Board of Ed as the elementary school and Per Board of Ed as the high school.
How do I schedule a tour of 31 Parum Road, Colchester, CT?
Contact RYZE Realty Group to schedule a private showing. You can submit a tour request directly on this page or call our office.

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

Est. $4,361/mo
$750,000
31 Parum Road, Colchester, CT 06415