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Informations principales sur l'investissement

  • Bifurcated Layout
  • 3 phase at road, water at road
  • +/- 20 acre cleared level land

Résumé analytique

Strategically located in the high-demand Lancaster submarket, 5497 Genesee Street offers a premier 67.87+/- -acre tract optimized for low-wastewater, high-yield commercial development. The parcel sits less than 3 miles east of the Buffalo Niagara International Airport right on Route 33 (Genesee Street), offering direct logistic spillover advantages and immediate transit connectivity to the NYS Thruway (I-90) corridor.
The asset features a highly advantageous "bifurcated" development profile: 20+/- Usable Frontage Acres: Level, cleared, high-visibility commercial acreage with 20,000 to 27,000 AADT. Equipped with 3-phase power and public water active at the road. 47.87+/- Buffer/Conservation Acres: Mature hardwoods and NYS DEC freshwater wetlands bordering Ellicott Creek. Leaving this rear acreage untouched provides an instant green-space and landscape design buffer, drastically accelerating Town Planning Board and SEQR approval cycles.
The Development Play: Small-Business Flex Space Deficit The Buffalo-Niagara industrial submarket exhibits deep structural supply constraints, with vacancy rates tightly compressed between 6% and 6.7%. Institutional activity from major regional firms (including Uniland, McGuire, and Ciminelli) confirms intense submarket demand. While major developers construct large-scale logistics warehouses, a critical deficit exists for Class A and B multi-tenant contractor flex spaces and business incubators (1,500 to 5,000 SF footprints).
Wastewater-Efficient Execution: Because this stretch of Route 33 requires private on-site wastewater management (Erie County Sewer District No. 4 bounds), high-flow manufacturing is restricted. However, multi-tenant contractor flex bays generate minimal, low-flow wastewater (typically limited to employee restrooms). A private engineered septic system deployed across the level front acreage capitalizes on a massive regional lease-rate void without requiring municipal main-line extensions.
Infrastructure & Site Specifications Electric/Power: 3-Phase Power active directly at the road (NYSEG overhead framework). No road-mile infrastructure extension charges required for service connection.
Water System: Public water distribution main active at the road line; fully serviced by the Erie County Water Authority (ECWA).
Sewer System: Out-of-district; private engineering/engineered commercial septic required. (Broker Note: Detailed linear distance checks to the nearest active district manholes can be verified via the ECSD No. 4 Northern Region Main Office using the provided SBL).
Existing Access: Features an established, well-maintained gravel road running along the eastern lot boundary, permitting immediate heavy vehicle transit, site mapping, and immediate use as a low-CAPEX secure laydown/equipment storage staging yard.
Airspace Review: Situated roughly 2.5 miles east of the Buffalo Niagara International Airport approach path. Standard FAA Form 7460-1 (Notice of Proposed Construction) applies to permanent vertical structures.

Informations sur l’immeuble

Prix 516 970 €
Type de vente Investissement ou propriétaire occupant
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé Commercial
Surface totale du lot 27,47 ha
Zonage N 00 - 330 VACANT COMM -Lancaster Master Plan: Light Industrial/Flex Corridor. Front 20 AC ideal for contractor park.

1 Lot disponible

Lot

Prix 516 970 €
Prix par ha 18 822,16 €
Surface du lot 27,47 ha

Strategically located in the high-demand Lancaster submarket, 5497 Genesee Street offers a premier 67.87-acre tract optimized for low-wastewater, high-yield commercial development. The parcel sits less than 3 miles east of the BUF Airport.

Description

Strategically located in the high-demand Lancaster submarket, 5497 Genesee Street offers a premier +/-67.87-acre tract optimized for low-wastewater, high-yield commercial development. The parcel sits less than 3 miles east of the Buffalo Niagara International Airport right on Route 33 (Genesee Street), offering direct logistic spillover advantages and immediate transit connectivity to the NYS Thruway (I-90) corridor. The asset features a highly advantageous "bifurcated" development profile: +/-20 Usable Frontage Acres: Level, cleared, high-visibility commercial acreage with 20,000 to 27,000 AADT. Equipped with 3-phase power and public water active at the road. +/-47.87 Buffer/Conservation Acres: Mature hardwoods and NYS DEC freshwater wetlands bordering Ellicott Creek. Leaving this rear acreage untouched provides an instant green-space and landscape design buffer, drastically accelerating Town Planning Board and SEQR approval cycles. The Development Play: Small-Business Flex Space DeficitThe Buffalo-Niagara industrial submarket exhibits deep structural supply constraints, with vacancy rates tightly compressed between 6% and 6.7%. Institutional activity from major regional firms (including Uniland, McGuire, and Ciminelli) confirms intense submarket demand. While major developers construct large-scale logistics warehouses, a critical deficit exists for Class A and B multi-tenant contractor flex spaces and business incubators (1,500 to 5,000 SF footprints). Wastewater-Efficient Execution: Because this stretch of Route 33 requires private on-site wastewater management (Erie County Sewer District No. 4 bounds), high-flow manufacturing is restricted. However, multi-tenant contractor flex bays generate minimal, low-flow wastewater (typically limited to employee restrooms). A private engineered septic system deployed across the level front acreage capitalizes on a massive regional lease-rate void without requiring municipal main-line extensions. Infrastructure & Site SpecificationsElectric/Power: 3-Phase Power active directly at the road (NYSEG overhead framework). No road-mile infrastructure extension charges required for service connection. Water System: Public water distribution main active at the road line; fully serviced by the Erie County Water Authority (ECWA). Sewer System: Out-of-district; private engineering/engineered commercial septic required. (Broker Note: Detailed linear distance checks to the nearest active district manholes can be verified via the ECSD No. 4 Northern Region Main Office using the provided SBL). Existing Access: Features an established, well-maintained gravel road running along the eastern lot boundary, permitting immediate heavy vehicle transit, site mapping, and immediate use as a low-CAPEX secure laydown/equipment storage staging yard. Airspace Review: Situated roughly 2.5 miles east of the Buffalo Niagara International Airport approach path. Standard FAA Form 7460-1 (Notice of Proposed Construction) applies to permanent vertical structures. Carry Advantage: Low annual holding costs ($2,154/yr tax) minimize investor bleed during the 12-to-18-month engineering, architectural, and municipal site plan authorization windows.

Plutôt praticable à pied
20/100
Exceptionnellement adapté aux voitures
100/100

Taxes foncières

Taxes foncières

Numéro de parcelle
145289-093-000-0001-029-000
Évaluation du terrain
114 018 €
Évaluation des aménagements
0 €
Évaluation totale
114 018 €
  • ID de l’annonce: 41144310

  • Date de mise sur le marché: 02/07/2026

  • Dernière mise à jour:

  • Adresse: 5497 Genesee St, Lancaster, NY 14086

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