455 Lafayette Rd
80 Acres of Residential Land Offered at $5,500,000 in Syracuse, NY 33480
![455 Lafayette Rd, Syracuse, NY for sale - Building Photo - Image 1 of 5](https://images1.loopnet.com/i2/mGq8zSCvm5IX8KGI9wPO-OvmKw0ui2yV7Y7um64g5YI/110/455-Lafayette-Rd-Syracuse-NY-Building-Photo-1-Large.jpg)
![455 Lafayette Rd, Syracuse, NY for sale - Building Photo - Image 2 of 5](https://images1.loopnet.com/i2/L4l6RuuzPwy1uoo_n2s-LM9vTmqEjV4jjDWUcdWOOF0/110/455-Lafayette-Rd-Syracuse-NY-Building-Photo-2-Large.png)
![455 Lafayette Rd, Syracuse, NY for sale - CityPhoto - Image 3 of 5](https://images1.loopnet.com/i2/i-G7I5WRJjJg6AsF3SAyoN2Y9HEvc7oqd_01awEa1c8/110/455-Lafayette-Rd-Syracuse-NY-CityPhoto-3-Large.png)
INVESTMENT HIGHLIGHTS
- Micron coming to Syracuse - Investing $31 Billion into the area!
- Micron needs housing - incentives are available from local government.
- There are two 115 kv power lines bordering the property
- Largest parcel of land available in Syracuse with world class views - former Lafayette Hills Country Club.
- Seller financing available.
- Onondaga county announced the creation of a 10 million dollar housing fund to incentivize residential development!
EXECUTIVE SUMMARY
PROPERTY FACTS
Price | $5,500,000 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 80.00 AC |
1 LOT AVAILABLE
Lot
Price | $5,500,000 |
Price Per AC | $68,750.00 |
Lot Size | 80.00 AC |
Former Lafayette Hills golf course and country club, this land is ideally suited for residential development, multi family development, agricultural or recreational use . Approval process underway for residential development, first phase approved .
DESCRIPTION
This property boasts the most amazing views in Onondaga County and is ideally located with easy access to interstates 81 and 481, just minutes from the major demand generators such as Syracuse University, Upstate Medical Center, Crouse and St Joseph’s Hospitals. This land is ideally suited for residential development, multi family development, or agriculture. There are 2 parcels included in the sale, each with approximately 80 acres , can be purchased separately.
PROPERTY TAXES
Parcel Number | 311500-063-000-0002-001-001-0000 | Improvements Assessment | $16,875 |
Land Assessment | $400,000 | Total Assessment | $416,875 |
ZONING
Zoning Code | RA-1 (Residential) |