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1029 Route 5 & 20
Geneva, NY 14456
Land For Sale · 35.79 AC

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INVESTMENT HIGHLIGHTS

  • Route 5 & 20 access
  • Perfect for muli family development.
  • Close to existing industrial and commercial partners.

EXECUTIVE SUMMARY

35(+/-) acre farmland/orchard to development parcel offering a mostly level grade (12' drop distance east to west) with wooded and orchard views. Once part of the production land for RED JACKET ORCHARDS, this parcel offers the opportunity for a developer to meet the demand for one of the many demands of the area including multi-family market-rate apartments, senior housing, or multi-family low-income housing. It can also be used for industrial as well with the opportunity for farm, vineyard, or orchard support businesses. Ease of access and proximity to US 90 allows for each trucking access. Do not walk property w/o prior authorization - active working farm/industrial area and under surveillance. 2 parcels; 323000-103-000-0003-045-112/324400-103-000-0001-015-100. 5 & 20 access via recently redrawn property lot. Owner financing avail Subject to subdividing - taxes nor assessment do not reflect subdivision.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
  • Distribution
  • Hold For Development
  • Utility Substation
  • Winery or Vineyard
Total Lot Size 35.79 AC
Zoning C2 - Commercial

1 LOT AVAILABLE

Lot

Price $975,000
Price Per AC $27,242.25
Lot Size 35.79 AC

35(+/-) acre farmland/orchard to development parcel offering a mostly level grade (12' drop distance east to west) with wooded and orchard views.

DESCRIPTION

The SITE is a total of 35(+/-) acres with a buildable envelope of 25.5(+/-) acres. The SITE has a gradual slope of 12' from east to west with 1 128' curb cub onto 5 & 20 with additional ingress/egress points on Rasberry Patch. Although the SITE is immediately adjacent to light industrial and retail sites, this SITE offers dramatic easterly views of the Finger Lakes landside with wooded areas, farmland, orchards, vineyards and open sky. The SITE is located just to the west of Geneva, NY on Seneca Lake in Ontario county of the historic Finger Lakes Region. The city and town of Geneva have deep roots in farming and agriculture, which is reflected in the industries, institutions, and businesses that thrive here. The abundance of fruits, vegetables, dairy products, and other locally grown and produced foods has encouraged a home-grown culinary scene offering a variety of farm-to-table restaurants, wineries, craft breweries, specialty foods, and farmer's markets. Downtown Geneva’s Linden Street, which is closed to traffic on weekend nights in the warm weather, offers a variety of culinary options in a "uniquely urban" setting. The area is also home to Hobart and William Smith Colleges and Cornell's New York State Agricultural Experiment Station, Finger Lakes Community College's Geneva Campus Center, and FLCC's Viticulture and Wine Center are also in Geneva. Geneva General Hospital is the largest employer. Red Jacket Orchards produces a variety of fruit juices for large retailers including local favorite Wegmans. Zotos International manufactures professional hair care products; Guardian Glass makes float glass products. Vance Metal Fabricators makes large metal structures, including wine tanks for area wineries. Solar farms are also quickly dotting the landscape as well as eco-friendly housing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
324400 103.00-1-15.111
Land Assessment
$106,700
Improvements Assessment
$0
Total Assessment
$106,700
  • Listing ID: 25700115

  • Date on Market: 5/13/2022

  • Last Updated:

  • Address: 1029 Route 5 & 20, Geneva, NY 14456

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