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Commercial Land Build Opportunity
For Sale
$350,000

343R Old Colchester Rd, Salem, CT 06420

Land available for purchase or build-to-suit lease.

Property SizeContact for details
Lot Size3.07 Acres
Days on Market171

Property Features for 343R Old Colchester Rd

General Information

Standard status Active
Lot size 3.07 Acres
Property subtype Commercial
Listing Agency: Riverview Realty, LLC
Listed By: Dale J. Bunn · License #RES.0788367
Source: Elliman
Added: Mar 11 Changed: Aug 19 Last Checked: Aug 26 at 8:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Riverview Realty, LLC

Investment Insights

Based on property information with market context.

This commercial land presents an opportunity for business operations through a build-to-suit lease option, or direct purchase for constructing a custom building. The owner is open to building on the location and leasing space or selling the land to a commercial or industrial developer. The location is in a rural area with limited options in the immediate vicinity, offering substantial potential. Situated near Colchester, the property provides convenient access to routes 82 and 85, as well as proximity to route 2.

Key Highlights

  • Build‑to‑suit lease option or land purchase available.
  • Great location in a rural area with limited competition.
  • Unlimited potential due to lack of local options.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop HVAC Service Building Supply Spa & Massage Center Wine and Liquor Store Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 06420, CT

4,250
Population
1,785
Households
2.4
Avg Household Size
43
Median Age
53%
College-Educated
99%
High-School Grad
29.5 sq mi
ZIP Area
144
Density / Sq Mi
$118,839
Median Household Income
$58,972
Median Earnings
$1,495
Median Rent
$369,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Land available for purchase or build-to-suit lease.
Where is this commercial land located?
The property is located at 343R Old Colchester Rd Salem, CT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Build‑to‑suit lease option or land purchase available.; Great location in a rural area with limited competition.; Unlimited potential due to lack of local options.
More about this property
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