455 Lafayette RdSyracuse, NY 13205

  • Golf courses & driving ranges
  • 84.24 AC
For Sale

Property Details for 455 Lafayette Rd

Lot size
84.24 AC
Zone code
05 - COMMERCIAL
Property type
Golf courses & driving ranges
APN
311500 063.-02-01.1
APU
31150006302011

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $678,255,360
    Hospitality
    $621,278,272
    Educational
    $516,896,224
    Medical
    $534,673,088
    Retail
    $804,060,800
455 Lafayette Rd, Syracuse, New York

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
42.9917
Longitude
-76.1273
CBSA code
45060
CBSA name
SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
-
$400,000
$16,875
$416,875
-
$620,155
$26,163
$646,318

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