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    6420 Lakeshore Rd Cicero, NY 13039

    For Sale
    $1,800,000

    64 Acres, 45-Lot Subdivision Approved

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 64.47-acre commercial land parcel in Cicero, Onondaga County, NY, presents a unique investment opportunity. Located at 6420 Lakeshore Road, this property boasts preliminary approval for a 45-lot residential subdivision from the Town of Cicero. The site is strategically positioned just four miles from the massive $100 billion Micron Semiconductor fabrication plant in Clay, NY, a project expected to generate over 10,000 jobs and significantly reshape the Central New York economic landscape. This prime location offers oversized lots, some with wooded areas, and ample open green space, creating a desirable community setting within the prestigious North Syracuse Central School District. Convenient access to Interstate 81, the New York State Thruway, and Syracuse Hancock International Airport ensures easy connectivity. Proximity to Oneida Lake, the state's largest freshwater lake, and the New York State Canal System adds recreational appeal. Furthermore, the property is minutes from downtown Syracuse, SUNY Upstate Medical University, Syracuse University, and a wealth of cultural and recreational amenities. This represents one of the last large-scale development parcels on established Lakeshore Road, making it a truly exceptional investment opportunity. The asking price is $1,800,000. The zip code is 13039.

    Property Features for 6420 Lakeshore Rd

    General Information

    Property type
    Land
    Lot Size
    2,808,313 SF

    HighLights

    • Town of Cicero approved preliminary plan for a 45‑lot residential subdivision.
    • Four miles from the $100 billion Micron Semiconductor plant.
    • Large single‑family lots with open green space.
    • Last large‑scale development parcel on established Lakeshore Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Building Supply Clothing Store Computer & Electronic Repair Travel Agency Tech Support Center Florist Kid Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Onondaga
    State
    New York
    Longitude
    -76.0781219
    Latitude
    43.1923608

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    FAQs

    What type of property is this?
    Land - 64 Acres, 45-Lot Subdivision Approved
    Where is this land located?
    The property is located at 6420 Lakeshore Rd Cicero, NY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Town of Cicero approved preliminary plan for a 45-lot residential subdivision.; Four miles from the $100 billion Micron Semiconductor plant.; Large single-family lots with open green space.
    (315) 472-2020
    Request Owner's contact information
    6420 Lakeshore Rd Cicero, NY 13039
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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
    6420 Lakeshore Rd Cicero, NY 13039
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