18.52 Acre Site - Cazenovia, New York
About This Property
Marketing description
Surmount is pleased to present the exclusive listing of Lot 3A, an 18.52-acre raw land parcel situated along US Route 20 in the Village of Cazenovia, Madison County, New York, For Sale at $2,500,000 or For Lease. The site carries Village Edge South (VES) zoning, a framework specifically designed to encourage mixed-use and residential gateway development. A fully constructed Village street (Laker Lane) services the site, and municipal water and sewer infrastructure is in place, meaningfully reducing upfront capital requirements for an incoming developer. The Village of Cazenovia Planning Board has approved the re-subdivision survey, reducing entitlement risk and compressing the pre-development timeline. 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. Lot 3A represents a scarce, large-format infill opportunity in one of Central New York's most affluent and desirable communities. The property is offered free and clear of tenancy with no lease encumbrances, allowing a buyer to move directly from contract to planning and permitting.
Investment highlights
- Planning Board Approval In Hand | The Village of Cazenovia Planning Board has already approved the re-subdivision survey for Lot 3A, 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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