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 Status/Comment Year Obtained
2889 Tack Rd Arcadia NA 68113-00-507438 On Hold - To be demolished 2021
2280 Sand Hill Rd Arcadia NA 67113-00-322367 Trailer Park, open land, woods 2021
24 Cayuga St Galen Clyde 74112-18-406194 Vacant Lot 2019
2996 Rt 414 N Galen NA 74113-00-407537 Vacant Lot - Sale Pending 2019
11371 Ridge Rd Huron NA 75117-00-048542 Pending Environmental Review 2021
46 Canal St Lyons NA 71111-09-138667 Pending Structural Evaluation 2021
50 Canal St Lyons NA 71111-09-141667 Vacant Lot 2021
58-66 Canal St Lyons NA 71111-09-157668 Pending Structural Evaluation 2021
39 Shuler Lyons NA 71111-13-172491 On Hold - To be demolished 2021
17 Rice St Lyons NA 71111-05-076883 On Hold - To be demolished 2021
39 Elmer St Lyons NA 71111-13-179465 On Hold - To be demolished 2021
48 Broad St Lyons NA 71111-09-057668 Vacant Lot - Sale Pending 2018
Elmer St Lyons NA 71111-13-166452 Vacant Lot - Pending Environmental Review 2019
Elmer St Lyons NA 71111-13-166452 Vacant Lot - Pending Environmental Review 2019
Elmer St Lyons NA 71111-13-185449 Vacant Lot - Pending Environmental Review 2018
1071 Route 31 Macedon NA 62111-00-212778 Manufacturing/Industrial 2021
1662 Walker Rd Palmyra NA 65111-05-091888 Vacant Lot 2018
5023 Gray St Rose NA 73116-20-793081 On Hold - To be demolished 2021
10523 Wayne Center Rose Rd Rose NA 73114-00-981948 On Hold - To be demolished 2021
Railroad Ave Rose NA 73116-20-852066 On Hold - To be demolished 2021
5 West Main St Sodus Sodus 67117-06-272938 Vacant Lot 2021
7 Mill St Sodus Sodus 69117-06-256936 Sold 2021
8561 Ridge Rd East Sodus NA 71117-19-522046 Vacant Lot - Sale Pending 2018
8106 Margaretta Rd Sodus Sodus Point 70118-08-944888 Vacant Lot - Pending Environmental Review 2019
4084 Ridge Rd Williamson NA 65117-12-935514 Pending Structural Evaluation 2021
6478 East Townline Rd Williamson NA 67117-05-088902 Vacant Lot 2019
12799 Ridge Rd Wolcott NA 76117-00-828498 Vacant Lot - Sale Pending 2019