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Fairmount Ave - 17 Acre Apartment Development Site 17 Acres of Residential Land Offered at $295,000 in Lakewood, NY 14750

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INVESTMENT HIGHLIGHTS

  • 17-acre multifamily development site
  • All utilities available
  • Suburban location near retail and employment
  • Senior housing and market apartment development possible
  • Adjacent to Fairmount Hills Apartments
  • Little vacant land nearby zoned for multifamily

EXECUTIVE SUMMARY

17 acres of vacant land, including 15 acres zoned multifamily. Lakewood has very little land available for multi-family development and apartment development including senior housing is possible. Lakeview Drive is a private road and is shared with the adjacent Fairmount Hills Apartments. A preliminary survey is available. The land directly adjacent Fairmount Avenue is zoned commercial.
Fairmount Avenue at the corner with Lakeview Drive in Lakewood, New York. Lakewood is an eastern upscale suburb of Jamestown in Chautauqua County. Greater Jamestown has a population of 48,000 and Chautauqua County has a population of 175,000. Nearby is the Chautauqua Mall and other big box retail. Also nearby is the Chautauqua Institution that attracts visitors from around the world.

PROPERTY FACTS

Price $295,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units
Total Lot Size 17.00 AC
Zoning R2 - Multifamily

1 LOT AVAILABLE

Lot

Price $295,000
Price Per AC $17,352.94
Lot Size 17.00 AC

17 acres of vacant multifamily development land at the corner of Fairmount Ave and Lakeview Drive.

DESCRIPTION

17 acre apartment development site at the corner of Fairmount Ave and Lakewood Drive in Lakewood, New York with a driveway and parking lot from a previous apartment building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 062201-385-011-0001-016-000
  • 062201-385-011-0001-017-000
  • 062201-385-011-0001-018-000
Land Assessment
$126,500
Improvements Assessment
$0
Total Assessment
$126,500
  • Listing ID: 35007906

  • Date on Market: 3/4/2025

  • Last Updated:

  • Address: Fairmount Ave, Lakewood, NY 14750

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