Industrial Build-to-Suit
For Sale
$350,000
R-343R Old Colchester Rd, Salem, CT 06420
Commercial and industrial build-to-suit or land-purchase option near major regional routes.
Property SizeContact for details
Days on Market806
Property Features for R-343R Old Colchester Rd
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$18,343
Listing Agency:
Riverview Realty, LLC
(804) 387-3246
Listed By:
Dale Bunn · License #RES.0788367
(860) 942-6623
Source:
Exprealty
Added: Jun 24, 2024
Changed: Aug 20
Last Checked: Sep 7 at 12:13PM
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 property is offered for sale as industrial land with a build-to-suit lease option. The owner is open to building on-site and leasing space, or selling the land to a commercial or industrial developer for their own development plans.
The parcel is described as rural, with proximity to Colchester and access to Route 2, as well as being off or near Routes 82 and 85.
Interested parties should review the available options with the owner, including whether to pursue a build-to-suit arrangement or a land purchase for ground-up development.
The parcel is described as rural, with proximity to Colchester and access to Route 2, as well as being off or near Routes 82 and 85.
Interested parties should review the available options with the owner, including whether to pursue a build-to-suit arrangement or a land purchase for ground-up development.
Key Highlights
- Build‑to‑suit lease option available for commercial or industrial use
- Alternative option to purchase the land to build your own commercial/industrial building
- Owner also open to selling the land to a commercial/industrial developer
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Commercial and industrial build-to-suit or land-purchase option near major regional routes.
Where is this industrial land located?
The property is located at R-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 available for commercial or industrial use; Alternative option to purchase the land to build your own commercial/industrial building; Owner also open to selling the land to a commercial/industrial developer
