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    Property profile & analytics
    OFF-MARKET Estimated value $3,500,000
    Golf courses & driving ranges

    455 Lafayette Rd, Syracuse, NY 13205

    84.24 ac lot
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US63-2964421
    Property summary
    AI-generated overview

    This exceptional 73.81-acre parcel presents a rare investment opportunity in Syracuse, New York. Located at 455 Lafayette Rd, 13205, this expansive property boasts world-class views and represents the largest single parcel of available land within the city limits. Previously the site of the Lafayette Hills golf course, this land is zoned for residential development, perfectly positioned to capitalize on the surging demand for housing driven by Micron's planned $100 billion investment in the local area. The property's convenient location in Onondaga County, Syracuse, NY offers easy access to major transportation routes and amenities. This significant landholding offers substantial potential for a variety of residential projects, catering to the growing population influx. Seller financing is available, making this an attractive proposition for developers seeking a large-scale project. While a neighboring 85-acre parcel is also available for purchase, this 73.81-acre lot is being offered individually. The property's size and prime location make it an unparalleled opportunity for significant returns in a rapidly expanding market. Detailed site plans and surveys are available upon request. This is a unique chance to acquire a substantial piece of Syracuse's future.

    Property profile
    Verified
    Property type Golf courses & driving ranges
    Use group COUNTRY CLUB
    Lot 84.24 ac (3,669,494 SF)
    Zoning code 05 - COMMERCIAL
    APN 311500 063.-02-01.1
    UPID US63-2964421
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.72M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.50M
    Owner & transaction history
    Estates At Ny LLC · 3 yrs held
    Estates At Ny LLC
    since 2022
    Last sale
    $3.2M
    2 recorded transactions
    2022
    $3.2M
    2016
    $500
    Zoning & alternative use
    05 - COMMERCIAL · Syracuse, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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