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Building description
Surmount is pleased to present the exclusive listing of Lot 5, a 1.41-acre raw land parcel situated along US Route 20 in the Village of Cazenovia, Madison County, New York, offered For Sale at $700,000 or For Lease. The site carries Village Edge South (VES) zoning, a framework specifically designed to encourage residential and mixed-use gateway development along the Village's eastern corridor. The site is located within Village limits, providing access to municipal water and sewer infrastructure, a meaningful advantage over comparable parcels in surrounding townships that require costly on-site septic and well systems. The Village of Cazenovia Planning Board has approved the re-subdivision survey, reducing entitlement risk and compressing the pre-development timeline for an incoming buyer. Positioned 20 miles southeast of Syracuse and proximate to Micron Technology's $100 billion semiconductor megafab in Clay, NY, the largest private investment in New York State history, Cazenovia sits directly in the path of a generational wave of professional housing demand.
Building highlights
- Planning Board Approval In Hand | The Village of Cazenovia Planning Board has already approved the re-subdivision survey for Lot 5, reducing entitlement risk and compressing the pre-development timeline for an incoming buyer. This approval represents meaningful groundwork that a developer can build directly upon.
- A Regulatory Environment Built for this Use | The parcel's VES zoning framework was specifically designed to encourage gateway development along the Village's eastern corridor, with design guidelines that support a village-character product appealing to both the Planning Board and end-user demand. A well-positioned developer can work with, not against, the regulatory environment here.
- Direct Route 20 Frontage with DOT-Coordinated Access | The parcel fronts directly on US Route 20 / Nelson Street, one of Central New York's primary east-west arterials, providing strong visibility and access for any residential or mixed-use development program. Curb cut access from Route 20 has previously been coordinated with NYSDOT in connection with this site.
- Established Village Street Access | A dedicated Village street servicing the site is already fully constructed, providing immediate access infrastructure that most comparable land parcels require a developer to fund and build from scratch. Buyers step into a site with this critical piece already in place, meaningfully reducing both upfront capital requirements and development timeline.
- Scarce infill land within Village limits | Within the Village of Cazenovia, developable land of any size is effectively non-existent — making Lot 5 a genuinely scarce opportunity regardless of its footprint. Cazenovia's growth constraints and high barriers to entry make any available Village parcel with Route 20 frontage an irreplaceable asset.
- One of Central New York's Premier Communities | Cazenovia is consistently ranked among Central New York's most affluent and desirable communities, with a strong school district, historic village character, and Cazenovia Lake as primary demand drivers. Residential product delivered here targets a buyer and renter profile that commands premium pricing relative to the broader Syracuse MSA.
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