0 Lazarek Dr Oswego, NY 13126
This exceptional 11-acre parcel in Oswego, NY, presents a remarkable opportunity for developers, investors, and builders. Located in a desirable residential area on the city's west side, this Planned Unit Development (PUD) boasts pre-approved plans for 32 attached homes, each on its individual lot. Alternatively, the design allows for a mix of attached patio homes and single-family residences, offering flexibility to suit various market demands. Significant infrastructure is already in place, including city water, storm, and sanitary sewer lines with laterals to each lot. Two streets have been deeded to the city and have asphalt bases installed. Utility conduits for National Grid electric and gas, phone, and internet services are also in place, ready for connection by the buyer. The property has been graded and is ready for immediate development. This prime location within the growing City of Oswego offers substantial potential for a lucrative project. The seller is open to considering owner financing for qualified buyers. This represents a significant price reduction of $300,000, making this an even more compelling investment. The approved plans and existing infrastructure minimize development hurdles, ensuring a smoother and more efficient construction process. Don't miss this chance to acquire a ready-to-build residential development in a thriving New York community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.