2827 Transit Rd, Elma, NY 14059, USA

Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 349,900.00
Asset Type Land
Trade Type Sale
Acres Available 3.00
Date Available 07/07/2018
Spaces Show
Additional URL Link
Additional parameters Show
Search Demographic Data Explore financing options



Property is located on Transit Road and surrounded by many new developments and businesses. There is a major multi-tenant anchored shopping plaza just north of the property that draws from surrounding areas.

3 acres of vacant land on Transit Road in Elma, NY. This property has 225' of frontage on Transit Road. Frontage is on the 5-lane, high traffic volume, Transit Road, with excellent exposure and easy access. This listing presents a great development opportunity because Lancaster is one of Metro Buffalo's fastest growing suburbs. It grew by 25% between 1990 and 2000, and is expected to grow at a rate of 9% over the next 25 years. This growth is part of a larger trend of growth in the suburbs to the east of downtown Buffalo as significant tracks of former farm land are converted to upscale, single family, housing developments. This trend is expected to continue as more housing developments are completed along with the growth of infill commercial properties.