Property profile

475 Harris Hill Rd Lancaster, NY 14086

OFF-MARKET
Land
20 ac lot
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Property summary

AI-generated overview

This exceptional 20-plus acre parcel presents a remarkable development opportunity in Lancaster, New York. Boasting 482 feet of frontage on Harris Hill Road and over 1,600 feet facing the New York State Thruway (I-90), this property enjoys unparalleled visibility and accessibility. The site is strategically located within a rapidly growing area, blending residential and commercial development. Existing utilities include electricity, gas, sanitary sewer, storm sewer, and water, simplifying infrastructure needs. With appropriate rezoning, this land is ideally suited for a variety of uses, including a human services facility, senior apartments, healthcare center, residential subdivision, or office complex. Its proximity to major thoroughfares adds significant value. The property sits north of Genesee Street and south of Wehrle Drive, one mile east of Transit Road, offering easy access to the Buffalo Niagara International Airport and Main Street. The high traffic volume of the adjacent NYS Thruway (34,022 AADT) further enhances its commercial potential. This is a rare chance to acquire a large, well-situated tract of land with significant development possibilities.

Property profile

Verified
Property type Land
Lot 20 ac (871,200 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

475 Harris Hill Rd Lancaster, NY 14086
Lancaster metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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