5497 GENESEE ST, LANCASTER, NY 14086

Positioned squarely in the high-growth path of the primary Western New York logistical network, 5497 Genesee Street presents a premier 67.87 +/- -acre master-plan-compliant commercial development tract.

Boasting exceptional highway visibility with an impressive 20,000 to 27,000 Annual Average Daily Traffic (AADT) count, this unique parcel offers deep, scalable layout potential tailored perfectly to today’s high-demand industrial sectors.

The property features a highly advantageous "bifurcated" topography: an immediate, clear, and level 20-acre commercial frontage field along Route 33, transitioning into 47.87+/- acres of mature timber and protected NYS DEC freshwater wetlands bordering Ellicott Creek. This structural split offers a major tactical asset for developers, allowing heavy commercial footprints on the highway line while leveraging the rear acreage as a massive, pre-existing environmental buffer to streamline municipal approvals.

With heavy-duty utility infrastructure already at the road and an unparalleled low-cost carry structure, this parcel is a secure, high-yield addition to any development portfolio.

The Development Play: Capturing the Flex-Space Void

The Buffalo-Niagara industrial submarket is facing an aggressive supply constraint, with vacancy rates hovering tightly between 6% and 6.7%. While massive distribution footprints dominate regional headlines, local contractors, distributors, and service professionals are facing an acute deficit of high-quality Class A and B "flex" space units ranging from 1,500 to 5,000 square feet.

5497 Genesee Street is uniquely positioned to exploit this market gap:

• Wastewater-Efficient Site Engineering: Because the site requires private on-site wastewater management rather than public street sewer, a traditional high-volume manufacturing layout is restricted. However, multi-tenant contractor flex bays generate nominal wastewater (typically limited to low-flow employee restrooms). An engineered commercial septic system on the front acreage handles this deployment flawlessly while satisfying a premier, high-rent regional demand.
• Immediate Infrastructure Access: The site avoids the typical raw-land hurdle of utility extension costs. High-capacity 3-phase power (NYSEG) and public water lines (Erie County Water Authority) are active directly at the road frontage.
• Turn-Key Surveying & Staging: An existing, well-maintained gravel road runs down the entire eastern boundary, offering immediate vehicular access deep into the lot for civil engineers, surveyors, and immediate equipment layout configuration.

Location & Regional Connectivity

Situated less than 3 miles east of the Buffalo Niagara International Airport directly on Route 33 (Genesee Street), the site functions as a natural extension of the airport logistics core.

• Transit Fluidity: Seamless, direct hauling paths to the NYS Thruway (I-90) corridor enable rapid final-mile distribution and regional courier operations.
• Municipal Alignment: Designated as a high-priority Economic Corridor within the Lancaster-Depew Comprehensive Master Plan, local zoning initiatives actively favor clean, low-impact light industrial expansions, corporate business incubators, and professional contractor yards that contribute to local economic growth without placing a heavy demand on municipal sewer frameworks.

Detailed Investment Highlights

• Competitively Priced to Deliver Value: Offered at $590000—effectively valuing the property strictly on the immediate development capacity of its usable frontage acres, leaving massive financial margins for site development while including the remaining acres of scenic conservation land as a baseline asset premium.
• Fast-Tracked Site Approvals: Leaving the rear wooded and DEC wetland acreage untouched allows developers to instantly satisfy strict Town of Lancaster landscape design and green-space ordinances, which may result in drastically decreasing local site plan review timelines and State Environmental Quality Review (SEQR) timelines.
• Proven Submarket Magnet: Join major institutional developers like Uniland, McGuire, and Ciminelli who are continuously expanding their light industrial footprints within the immediate Lancaster submarket to capture spillover demand from the built-out airport core.