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225 Parum Rd - Colchester 72.3 Acres of Commercial Land Offered at $8,000,000 in Colchester, CT 06415
Executive Summary
TRUE Commercial Real Estate has been retained as the exclusive agent to sell a 72.3± acre parcel of predominantly raw land in Colchester, CT located within New London County in the Southeastern corner of Connecticut. The Property consists of three lots totaling over 72.3± acres.
1. Chestnut Hill Road, consisting of 26.17 acres of raw land
2. 225 Parum Road, consisting of 45.65 acres of land that includes an existing 2,310 square feet commercial building
3. 239 Parum Road, consisting of 0.48 acres of land that includes an existing 1,038 square feet commercial building
Description and Intent
This district is zoned with the intent of it being the major focus of business and commercial activity in Colchester with potential for a mixture of retail, professional, service and entertainment activities.
1. Chestnut Hill Road, consisting of 26.17 acres of raw land
2. 225 Parum Road, consisting of 45.65 acres of land that includes an existing 2,310 square feet commercial building
3. 239 Parum Road, consisting of 0.48 acres of land that includes an existing 1,038 square feet commercial building
Description and Intent
This district is zoned with the intent of it being the major focus of business and commercial activity in Colchester with potential for a mixture of retail, professional, service and entertainment activities.
Property Facts
1 Lot Available
Lot
| Price | $8,000,000 | Lot Size | 72.30 AC |
| Price Per AC | $110,650.07 |
| Price | $8,000,000 |
| Price Per AC | $110,650.07 |
| Lot Size | 72.30 AC |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,300 | |
| Land Assessment | $1,653,100 | Total Assessment | $1,656,400 |
Property Taxes
Parcel Numbers
Land Assessment
$1,653,100
Improvements Assessment
$3,300
Total Assessment
$1,656,400
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225 Parum Rd - Colchester