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    5910 Genesee St Lancaster, NY 14086

    Sponsored
    For Sale
    $2,560,000

    Prime Erie County industrial land, divisible.

    Description

    Added:
    Jan 24, 2025
    Days on Market:
    348
    This exceptional 32-acre industrial land parcel is strategically located at 5910 Genesee Street in Lancaster, New York, 14086. Situated in Erie County, this property offers significant potential for various light industrial uses, as designated by its Industrial zoning. The land is conveniently located immediately north of the TOPS warehouse and east of Motivair, providing excellent access to established businesses and transportation routes. The asking price for this rare opportunity is $2,560,000. A key advantage is the potential divisibility of the land, offering flexibility for buyers seeking smaller parcels. The property is privately owned and presents a unique chance to acquire a substantial industrial land holding in a desirable location. With its prime location and zoning, this 32-acre site is ideal for developers and businesses seeking to establish or expand their operations in a thriving industrial area. Detailed site plans and further information are available upon request. Don't miss this chance to secure a significant industrial land asset in a high-demand market.

    Property Features for 5910 Genesee St

    General Information

    Property type
    Land
    Lot Size
    1,393,920 SF

    HighLights

    • $2,560,000 asking price.
    • 32‑acre industrial land parcel.
    • Located at 5910 Genesee St, Lancaster, NY 14086.
    • Zoned for light industrial use.
    • Potentially divisible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Department Store Kitchen & Bath Grocery Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Erie
    State
    New York
    Longitude
    -78.6283005
    Latitude
    42.9451269

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    FAQs

    What type of property is this?
    Land - Prime Erie County industrial land, divisible.
    Where is this land located?
    The property is located at 5910 Genesee St Lancaster, NY.
    What is the asking price?
    The asking price for this property is $2,560,000.
    What are key features of this property?
    This property features: $2,560,000 asking price.; 32-acre industrial land parcel.; Located at 5910 Genesee St, Lancaster, NY 14086.
    Request Owner's contact information
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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
    5910 Genesee St Lancaster, NY 14086
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