1.41 Acre Site - Cazenovia, New York
About This Property
Marketing 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.
Investment 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.
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