Purchasing Land Bank Properties
Purchase Process
To submit an offer to purchase a property from the Land Bank, please complete and submit the following documents:
Mail completed Contract, Application and Compliance form to:
Wayne County Regional Land Bank, 16 William St., Lyons, NY 14489
Conditions of Sale
Potential buyers should be aware and agree to the following terms and conditions related to property purchase of Land Bank properties.
Below is a brief explanation of certain terms of the Land Bank’s contract to purchase and sales process.
This list does not contain all terms and conditions contained in the Purchase Contract. Accordingly, please carefully review the purchase documents. Information on this website should not be relied on as legal advice. The Land Bank strongly recommends that potential buyers consult with their attorney and have them review the purchase documents prior to submission.
- Strong preference will be given by the Land Bank to applications for purchase from residents of Wayne County
- Application for purchase is open to anyone in a contiguous county (Ontario, Wayne, Cayuga, Tompkins, Schuyler, Yates) with a viable property management plan included with the Purchase Application
- The Land Bank, as part of its’ sale process, will consult with the Town or Village to discuss the buyer’s intended use of the property to assure it falls within their plans and/or vision for their community
- Applicants for purchase:
- Must not owe back taxes, fines or fees to Wayne County or any Town or Village in Wayne County
- Must not have a history of tax foreclosure in Wayne County
- Must not have outstanding code violations in Wayne County
- Must not have a history of repeated code violations in Wayne County
- The applicant for purchase, or any spouse, parent, sibling or child of the applicant, must not have possessed an interest in the property for which the applicant is applying to purchase at the time such property was foreclosed upon by Wayne County for tax delinquency.
- All Land Bank properties are sold “As-Is” and no warranties or representations are made regarding property condition. It is the buyer’s responsibility to inspect the property and schedule walk-through prior to closing.
- All property purchased from the Land Bank will be required to meet the appropriate requirements of Town or Village Code Enforcement within a certain time period from purchase.
- The Land Bank will likely identify work that needs to be completed prior to a buyer obtaining clear title to the property. The Land Bank may place an Enforcement Mortgage on the property listing the required repairs and upgrades that are necessary to the property. On a residential or commercial structure, the minimum requirement will include having the buyer make sufficient repairs necessary to obtain a Certificate of Occupancy from the local Code Enforcement Official. The Enforcement Mortgage will only be removed after the buyer has met the conditions agreed to by the buyer and the Land Bank. Failure to complete the agreed upon work within the agreed upon time may lead to the Land Bank foreclosing on the property.
- It is the buyer’s responsibility to contact the Town or Village before closing to verify their planned use of the property and current/planned configuration is legal and/or determine the necessary permit(s) to be obtained for renovation and/or property use.
- There are certain additional closing costs associated with the purchase of a land bank property that will be paid by the buyer. These include, but are not limited to:
- Buyer/Seller Attorney fees
- Title Searches
- Title insurance surveys
- Home inspections or other Real Estate Testing
- Transfer Tax
- If the Purchase Application is provisionally accepted by the Land Bank, the potential buyer may be required to obtain written quotes for any and all renovations that will be done by a licensed third party. The Land Bank will check proof of funds to complete the project before signing the Purchase Contract.
- Land Bank properties are currently exempt from property taxes. Property will become taxable on the date of property transfer. The buyer will be responsible for pro-rated taxes for the remainder of the current tax year, from the date of property transfer.
- The potential buyer should carefully read the application and contract and understand that an incomplete application may be rejected.
- Other restrictions may apply as outlined in the Disposition Policy
Property Inventory
Street | Town | Village | Tax ID | Assessed 100% Market Value | Status/Comment | Year Obtained |
201 Church St. | Arcadia | Newark | 68110-06-426972 | $25,000 | Commercial Building- Demolition Required | 2023 |
246 E. Miller St. | Arcadia | Newark | 68111-18-497030 | $53,200 | Residential-Had Fire-Condemned- Demolition Required | 2024 |
315 East Myrtle Ave | Arcadia | Newark | 68110-07-537896 | $20,000 | Residential- Demolition Required | 2023 |
712 South Main St. | Arcadia | Newark | 68110-06-334770 | $50,000 | Residential- Rehabilitation Required | 2024 |
1216 North Main St | Arcadia | Newark | 68111-10-330615 | $15,600 | Vacant Lot | 2022 |
1864 Welcher Rd. | Arcadia | 68112-20-910134 | $12,000 | Residential- Demolition of Manufactured Home Required | 2023 | |
2293 Norsen Rd. | Arcadia | 69112-00-153676 | $25,000 | Residential | 2023 | |
7194 Old Lyons Rd. | Arcadia | 69111-00-834908 | $34,300 | Vacant Lot- Requires clean-up of any debris on property | 2024 | |
13032 South Butler Rd | Butler | 77114-17-115099 | $5,600 | Vacant Lot | 2022 | |
19 Columbia St. | Galen | Clyde | 74112-14-338351 | $24,000 | Commercial- Holding- Demolition to be Completed by Land Bank | 2023 |
24 Cayuga St | Galen | Clyde | 74112-18-406194 | $11,100 | Vacant Lot | 2019 |
45 E. Genesee St. | Galen | Clyde | 74112-14-432343 | $15,000 | Commercial-Demolition Required- Potential for Environmental Review and Cleanup | 2023 |
2996 Rt 414 N | Galen | 74113-00-407537 | $15,100 | Vacant Lot - Sale Pending | 2019 | |
9001 Old Route 31 | Galen | 72112-00-059140 | $37,900 | Residential- Demolition Required | 2023 | |
Mill St | Galen | Clyde | 74112-18-307171 | $2,800 | Vacant Land | 2022 |
11371 Ridge Rd | Huron | 75117-00-048542 | $65,000 | Sale Pending - Environmental Remediation in Progress | 2021 | |
11627 Ridge Rd. | Huron | 75117-00-368547 | $18,000 | 2024 | ||
Lummisville Rd. | Huron | 75117-00-401610 | $45,000 | 2024 | ||
Ridge Rd. | Huron | 75117-00-378549 | $3,300 | 2024 | ||
1 Clyde Rd. | Lyons | 71111-09-180652 | $286,500 | Holding- Included in Lyons Redevelopment Project | 2024 | |
22 Shuler St. | Lyons | 71111-13-138483 | $25,000 | Residential- Holding for Possible Land Bank Rehabilitation | 2023 | |
42 Canal St | Lyons | 71111-09-136667 | $20,000 | Holding - Included in Town of Lyons Restore NY Redevelopment project. | 2022 | |
46 Canal St | Lyons | 71111-09-138667 | $28,000 | Holding - Included in Town of Lyons Restore NY Redevelopment project. | 2021 | |
50 Canal St | Lyons | 71111-09-141667 | $1,100 | Holding - Included in Town of Lyons Restore NY Redevelopment project. | 2021 | |
58-66 Canal St | Lyons | 71111-09-157668 | $95,000 | Holding - Included in Town of Lyons Restore NY Redevelopment project. | 2021 | |
2529 Middle Sodus Rd. | Lyons | 70112-00-994964 | $52,100 | Residential | 2023 | |
17 Rice St | Lyons | 71111-05-076883 | $3,200 | Vacant Lot | 2021 | |
Elmer St | Lyons | 71111-13-166452 | $11,600 | Holding for Future Development- Vacant Lot - Development proposal process to be released soon | 2019 | |
42 Elmer St | Lyons | 71111-13-185449 | $8,600 | Holding for Future Development- Vacant Lot - Development proposal process to be released soon | 2018 | |
7633 Bauer Vanwickle Rd. | Lyons | 70112-00-379240 | $78,700 | Residential- Extremely poor condition- Demolition or Rehabilitation Required | 2024 | |
1071 Route 31 | Macedon | 62111-00-212778 | $279,300 | Sale Pending - Manufacturing/Industrial/Office - 37,000 sf | 2021 | |
1662 Walker Rd | Palmyra | 65111-05-091888 | $8,800 | Vacant Lot | 2018 | |
5066 Gray St | Rose | 73116-20-806138 | $8,000 | Vacant Lot | 2019 | |
5023 Gray St | Rose | 73116-20-793081 | $9,500 | Vacant Lot | 2021 | |
Railroad Ave | Rose | 73116-20-852066 | $1,000 | Holding - Vacant Lot | 2021 | |
4011 Main St | Rose | 74114-05-157817 | $54,500 | Holding - Single Family Residence - Pending Environmental and Structural | 2022 | |
1840 No. 39 Rd. | Savannah | 78112-00-100107 | $50,000 | Residential-Had Fire-Condemned- Demolition Required | 2024 | |
1438 Van Dyne Spoor Rd. | Savannah | 77111-00-679599 | $19,000 | Residential- Demolition Required | 2024 | |
2465 Bixby-Wood Rd. | Savannah | 77112-00-229710 | $8,400 | Vacant Lot | 2022 | |
5 West Main St | Sodus | Sodus | 69117-06-272938 | $10,000 | Holding for Future Development- Vacant Lot - Development proposal process to be released soon | 2021 |
61 Mill St. | Sodus | Sodus | 69117-06-282766 | $50,700 | Residential- Demolition Required | 2024 |
6557 Rt. 88 | Sodus | 68117-00-994966 | $52,000 | Commercial-Gas Station-Holding Pending Environmental Review | 2024 | |
7328 Burlee Rd. | Sodus | 69117-00-973503 | $18,000 | Manufactured Housing- Requirements forthcoming pending inspection | 2024 | |
8561 Ridge Rd East | Sodus | 71117-19-522046 | $10,800 | Vacant Lot | 2018 | |
195 Main St W | Sodus | Sodus | 69117-05-004962 | $60,000 | Holding - Parking Lot/Former Dairy/Fuel Tanks - Pending Environmental Review | 2022 |
8106 Margaretta Rd | Sodus | Sodus Point | 70118-08-944888 | $24,100 | Holding - Vacant Lot - Environmental Review and Cleanup in Process | 2019 |
6472 East Townline Rd. | Williamson | 67117-05-087893 | $46,600 | Residential- Demolition Required | 2023 | |
6478 East Townline Rd | Williamson | 67117-05-088902 | $25,800 | Holding - Vacant Lot - Completing demolition of adjacent property | 2019 | |
6500 Lake Ave | Williamson | 65117-08-962930 | $70,000 | Commercial- Demolition Required- Potential for Environmental Review and Cleanup | 2023 | |
6020 Auburn St. | Wolcott | 76117-13-025339 | $48,900 | Residential- Demolition Required | 2024 | |
6985 Wadsworth Rd | Wolcott | 76118-00-343528 | $10,900 | Vacant Lot | 2022 | |
7964 Broadway | Wolcott | 76119-00-732759 | $11,500 | Vacant Lot | 2022 | |
8250 Broadway | Wolcott | 76120-00-725114 | $14,600 | Vacant Lot | 2022 |