Redevelopment Opportunity in Busti,
126 E Fairmount Ave Lakewood, NY 14750
For Sale
$299,900
Pending
8.5 acres in high-traffic area with redevelopment potential.
Lot Size8.50 Acres
Days on Market100
Property Features for 126 E Fairmount Ave
General Information
Standard status
Pending
Lot size
8.50 Acres
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
ERA Team VP Real Estate
(716) 640-0104
Listed By:
Michael McVinney · License #NY10301214857
(716) 640-0104
Source:
Elliman
Added: Apr 21
Changed: Jul 10
Last Checked: Jul 28 at 8:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Team VP Real Estate
Investment Insights
Based on property information with market context.
This property features approximately 8.5 acres situated in a high-traffic corridor, surrounded by established commercial uses. It presents a strong opportunity for redevelopment. The property comprises two parcels and is currently zoned residential. However, its location and the surrounding commercial activity suggest significant potential for rezoning to various commercial uses, subject to municipal approvals. An existing residential structure is on the site but has been vacant for several years. The seller has not occupied or inspected the interior of the home, and it is being offered as-is. The value is primarily in the land and its future development potential. The property has excellent visibility and strong traffic counts, making it well-positioned for a range of potential uses, including retail, service-oriented businesses, office, or other commercial applications. It is ideal for developers or investors seeking a strategic location with long-term upside. The bike score is 41, indicating it is somewhat bikeable, and the walk score is 36, indicating it is car-dependent. Buyer to conduct all due diligence regarding zoning, permitted uses, and redevelopment potential.
Key Highlights
- 8.5 acres in a high‑traffic commercial corridor with redevelopment potential.
- Strong potential for rezoning to commercial uses (subject to approvals).
- Excellent visibility and strong traffic counts.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - 8.5 acres in high-traffic area with redevelopment potential.
Where is this commercial land located?
The property is located at 126 E Fairmount Ave Lakewood, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 8.5 acres in a high‑traffic commercial corridor with redevelopment potential.; Strong potential for rezoning to commercial uses (subject to approvals).; Excellent visibility and strong traffic counts.
