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Residential Land Parcel with Field
For Sale
$44,900

3723 W Five Mile Rd, Allegany, NY 14706

Level, partially wooded acreage with electric at the road and frontage on W. Five Mile Road.

Property SizeContact for details
Lot Size7.40 Acres
Days on Market25

Property Features for 3723 W Five Mile Rd

General Information

Standard status Active
Lot size 7.40 Acres
Property subtype Land

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $651
Listing Agency: NY Land Quest, LLC
Listed By: Travis Thurston · License #10301222583
Source: Elliman
Added: Jul 17 Changed: Aug 8 Last Checked: Jul 17 at 2:28AM

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 NY Land Quest, LLC

Investment Insights

Based on property information with market context.

This 7.4-acre residential building lot is level and partially wooded, with scattered pine trees and an existing clearing suitable for a building site. Much of the acreage is an open field that could be developed into lawn or yard space. Electric is available at the road, and the buyer will need to install a septic system and a well.

The parcel offers 420 feet of frontage on W. Five Mile Road and an additional 31 feet of frontage on Five Mile Road. The property is located in the Allegany-Limestone School District, approximately 7 minutes to downtown Allegany, 14 minutes to Olean, 19 minutes to Ellicottville, 52 minutes to Jamestown, and about 1 hour 10 minutes to Buffalo.

All rights convey. Annual taxes are $650.98.

Key Highlights

  • 7.4‑acre building lot in Allegany, Cattaraugus County (Allegany‑Limestone School District).
  • Level land that is partially wooded with scattered pine trees, plus an open‑field area that can be turned into lawn.
  • Clearing off W. Five Mile Road offers a potential building site.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 14706, NY

5,910
Population
2,828
Households
2.1
Avg Household Size
47
Median Age
35%
College-Educated
94%
High-School Grad
81.1 sq mi
ZIP Area
73
Density / Sq Mi
$76,029
Median Household Income
$48,518
Median Earnings
$789
Median Rent
$170,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level, partially wooded acreage with electric at the road and frontage on W. Five Mile Road.
Where is this residential land & home lot located?
The property is located at 3723 W Five Mile Rd Allegany, NY.
What is the asking price?
The asking price for this property is $44,900.
What are key features of this property?
This property features: 7.4‑acre building lot in Allegany, Cattaraugus County (Allegany‑Limestone School District).; Level land that is partially wooded with scattered pine trees, plus an open‑field area that can be turned into lawn.; Clearing off W. Five Mile Road offers a potential building site.
More about this property
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