455 Lafayette Rd

80 Acres of Residential Land Offered at $5,500,000 in Syracuse, NY 33480

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

MICRON COMING TO CENTRAL NEW YORK !!!!!!!! Demand for housing will be HUGE. Rare opportunity to purchase one of the largest tracts of land in Onondaga County. Competitively priced, and located in a highly desirable area of Central New York. 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. The Seller will consider providing FINANCING for a qualified Buyer. Onondaga County recently announced the creation of a 10 MILLION DOLLAR HOUSING FUND TO INCENTIVIZE RESIDENTIAL DEVELOPMENT! The first phase for 61 dwellings has been approved!

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

ZONING

Zoning Code RA-1 (Residential)
  • Listing ID: 27433933

  • Date on Market: 1/4/2023

  • Last Updated:

  • Address: 455 Lafayette Rd, Syracuse, NY 33480