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    Cayuga Vis Ln Lansing, NY 14882

    For Sale
    $350,000

    LAND - Lansing, NY

    Lot size:
    3.06 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for Cayuga Vis Ln

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    37.1-2-53.29
    Exterior features
    DirtDriveway, GravelDriveway
    Lot size
    3.06 Acres

    Warren Real Estate (607) 257-0666 [email protected]

    Listing agent Steven Saggese (607) 257-0666 License #30SA0532613

    Listing date Jul 31, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Project Near Ithaca

    This 3.06-acre commercially zoned lot in Lansing, NY, presents an investment opportunity with an approved project for a 16-unit, 32-bed apartment complex. The shovel-ready project is town-approved and located in a high-demand rental market near Ithaca. The site is approximately 5 miles from Cornell University and the City of Ithaca, 4 miles from Ithaca Tompkins International Airport and major shopping areas, 3 miles from Cayuga Lake, and 2 miles from Lansing Central School District. The location offers municipal water and underground utilities, and is a few hundred feet from an 11-acre town park with ballfields and a playground. The approved plan includes four buildings, each containing three two-story apartments and one single-level unit. Each residence features multiple baths, a private garage, and separately metered utilities. The property is located off the main road, offering privacy while remaining close to essential amenities. The commercially zoned lot allows for other potential uses. The seller is open to serving as General Manager.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Lansing
    County
    Tompkins
    State
    New York
    Longitude
    -76.499958
    Latitude
    42.533689

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    FAQs

    What type of property is this?
    Apartment building - Approved 16-unit apartment complex project near Cornell University.
    Where is this apartment building located?
    The property is located at Cayuga Vis Ln Lansing, NY.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Shovel-ready, town-approved project for a 16-unit, 32-bed apartment complex.; - Prime location: just 5 miles from Cornell University and the City of Ithaca.; - High-demand rental market in the rapidly growing Finger Lakes region.
    (607) 257-0666
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Cayuga Vis Ln Lansing, NY 14882
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