475 Harris Hill Rd, Lancaster, NY 14086
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.
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
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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.