Just Listed: A Prime Building Lot! Build your dream home on this wooded lot that's got great desirability. It has just enough slope (right to left) for gravity footing drains. The soils are desirable, with a perc test at 6.7 (allowing for the smallest septic system design). Your driveway would be nice and level with the road. There are no deed restrictions that require you to build a large home. The only limitation and requirement is that your build conforms to the Salem Zoning regulations. The location is excellent, giving you quick access north or south on Rte 11 and far enough to avoid highway noise. To build a home on this approved building lot, you would need to have a site plan and septic design created for the home you would be building, and your surveyor would reference the original A-2 Survey that's already on file with the town.
This is an awesome opportunity for you to run your business in a build to suit lease option. The other option, you can purchase the land to build your own building. Owner is looking to either build on this location and lease space or sell the land to a commercial/industrial developer. Great location as it is rural and there are not many options in the immediate area, leaving potential pretty much unlimited. This spot is close to colchester, but not far off route 82 or 85, also pretty close access to route 2.
The median home value in Salem, CT is $355,000. This is higher than the county median home value of $320,100. The national median home value is $338,100. The average price of homes sold in Salem, CT is $355,000. Approximately 79.38% of Salem homes are owned, compared to 13.96% rented, while 6.67% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Connecticut 06420 has a population of 4,186. Salem 06420 is more family-centric than the surrounding county with 31.03% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Salem, Connecticut 06420 is $108,953. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Salem 06420 is 37.9 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 50.6 inches per year, with 32.1 inches of snow per year.