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225 Parum Rd
Colchester, CT 06415

Colchester · Land For Sale · 72.30 AC

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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.

PROPERTY FACTS

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Retail Office Mixed Use Auto Dealership Auto Repair Hotel Motel Neighborhood Center Religious Facility Restaurant Theater or Concert Hall
Property Type	Land	Total Lot Size	72.30 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Auto Dealership Auto Repair Hotel Motel Neighborhood Center Religious Facility Restaurant Theater or Concert Hall
Total Lot Size	72.30 AC

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

PROPERTY TAXES

Parcel Numbers	Multiple COLC-000003-000009-000008 COLC-000004W-000001-000018	Improvements Assessment	$3,300
Land Assessment	$1,653,100	Total Assessment	$1,656,400

PROPERTY TAXES

Parcel Numbers

Multiple

COLC-000003-000009-000008
COLC-000004W-000001-000018

Land Assessment

$1,653,100

Improvements Assessment

$3,300

Total Assessment

$1,656,400

ZONING

Zoning Code	C
C

Listing ID: 3855530
Date on Market: 1/28/2013
Last Updated:
Address: 225 Parum Rd, Colchester, CT 06415

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