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    928 Ransom Rd Lancaster, NY 14086

    Sponsored
    For Sale
    Contact for pricing

    Prime Industrial Land, Call for Offers

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 102.5-acre industrial land parcel presents a significant investment opportunity in Lancaster, New York. Comprised of three contiguous parcels (SBL 95.00-4-26, 95.00-4-27, and 105.00-3-42), this property boasts a prime location with convenient access to major transportation arteries. The site is strategically situated south of the Walden Avenue industrial corridor and is adjacent to active CSX Transportation rail lines, offering unparalleled logistical advantages. The property is zoned for General Industrial use, providing flexibility for a wide range of development projects. Access is available from both Pavement Road and Ransom Road. The combined 2023 tax assessment for all three parcels totaled $6,632.15 for school taxes and $4,519.18 for town/county taxes. The asking price is $30,000 per acre, with a call for offers deadline of January 15, 2024. This property's size, location, and zoning make it an ideal candidate for substantial industrial development, offering significant potential for long-term growth and return on investment. The property is conveniently located 8.4 miles from I-90, further enhancing its accessibility and appeal. Don't miss this opportunity to acquire a substantial industrial land holding in a thriving market.

    Property Features for 928 Ransom Rd

    General Information

    Property type
    Land
    Lot Size
    4,464,900 SF

    HighLights

    • Price: $30,000/acre
    • Offers due January 15, 2024
    • CSX rail access
    • General Industrial zoning
    • 8.4 miles to I‑90
    • Access via Pavement & Ransom Roads
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Kitchen & Bath Food Market HVAC Service Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Erie
    State
    New York
    Longitude
    -78.599441
    Latitude
    42.921794

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Call for Offers
    Where is this land located?
    The property is located at 928 Ransom Rd Lancaster, NY.
    What are key features of this property?
    This property features: Price: $30,000/acre; Offers due January 15, 2024; CSX rail access
    Request Owner's contact information
    928 Ransom Rd Lancaster, NY 14086
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    Lancaster, NY 14086
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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
    928 Ransom Rd Lancaster, NY 14086
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