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    479 Nathaniel Way Newark, NY 14513

    For Sale
    $500,000

    Land conceptually approved for residential development in Newark, NY.

    Lot size:
    16.80 Acres

    Property Features for 479 Nathaniel Way

    General Information

    Lot size
    16.80 Acres

    Source: Cushman & Wakefield | Pyramid Brokerage - Rochester Agent John Manilla

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land Development Opportunity

    This property presents an affordable housing development opportunity in Newark, NY. It has received conceptual approval for development. The property is conceptually approved for 144 amps and includes additional lots for nine single-family residences.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Building Supply Daycare Center Electrical Service Garden Center Nursing Home Assisted Living Facility Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Wayne
    State
    New York
    Longitude
    -77.10204
    Latitude
    43.02471

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    FAQs

    What type of property is this?
    Land - Land conceptually approved for residential development in Newark, NY.
    Where is this land located?
    The property is located at 479 Nathaniel Way Newark, NY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Concept approved for development.; - Affordable housing development opportunity.; - Located in Newark, NY.
    (585) 267-6097
    Request Owner's contact information
    479 Nathaniel Way Newark, NY 14513
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    Newark, NY 14513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    479 Nathaniel Way Newark, NY 14513
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