Tully Flex for Sale - SE Outer Onondaga County
**$50,000 PRICE REDUCTION**
1922 US Route 11 offers a rare and highly versatile opportunity in the Town of Lafayette, just minutes from Syracuse and strategically located along a key north-south corridor. Positioned on a newly subdivided ±0.60-acre parcel with approximately ±4,089 SF of existing building space, the site supports multiple exit strategies and potential uses—from residential development to owner-occupied commercial operations or long-term investment.
Located in the town’s R-1 zoning district, the property currently has conceptual approval from the municipality to develop between two and four residential units. Upon request, ownership can provide a full package of deliverables, including survey, architectural drawings, and engineered site plans, streamlining the redevelopment process for a buyer interested in capitalizing on Lafayette’s evolving housing demand.
For commercial users, the property presents an equally compelling case. With low-impact, low-density uses permitted via special use permit, this could serve as an ideal setting for a small business operator, professional office, health services provider, or similar user seeking space in a quiet, accessible setting. Heavy industrial uses are unlikely to be supported by the town, preserving the area’s residential character.
Investors will find upside through strategic rehabilitation and leasing. A pro forma model (available in the flyer and listing package) demonstrates a potential 10.7% cap rate based on projected rents and modest renovation assumptions—an uncommon yield in the Onondaga County market.
Notably, this property lies just a few miles from one of the region’s most ambitious residential development announcements: the former Lafayette Hills Country Club is set to be transformed into Lafayette Hills Estates & Country Club—a master-planned resort community featuring nearly 300 new homes, a 9-hole golf course, man-made lakes, and extensive public trails. With homes projected to range from $350,000 to over $1 million, this future development is expected to substantially enhance the residential and commercial demand profile of Lafayette.
Additionally, the current owner is open to including the adjacent ±1-acre parcel, subject to negotiation. The lot line adjustment and newly subdivided parcel boundaries are clearly depicted in the flyer.
Whether you're a builder looking to deliver much-needed residential inventory, an investor seeking strong returns with minimal local competition, or a business owner seeking functional, flexible space in a growing corridor—1922 US Route 11 delivers real, tangible upside.
**All information is deemed reliable but not guaranteed. Buyer to conduct independent due diligence. Development potential subject to municipal approval.**
