928 Ransom Rd Lancaster, NY 14086
- Commercial real estate
- 102.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 928 Ransom Rd
- Lot size
- 102.50 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Erie
- State
- New York
- Longitude
- -78.599441
- Latitude
- 42.921794
