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    Property profile & analytics

    493 Timothy Ln Ontario, NY 14519-9014

    • Industrial land
    • 40.99 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 27, 2025
    $700,000
    Location Intelligence
    Property ID
    US63-5378473
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial land

    Property Details for 493 Timothy Ln

    Lot size
    40.99 lot acres
    Zone code
    I
    Property type
    Industrial land
    APN
    543400 61117-00-433803
    APU
    5434006111700433803

    Description

    This exceptional 40.99-acre industrial land parcel in Ontario, NY, presents a remarkable development opportunity. Strategically located adjacent to the thriving Beh Industrial Park and Intergrow Greenhouses, this site offers unparalleled access to major transportation routes and regional hubs, including the City of Rochester (15-20 minutes away). Approximately 30 acres are available for development, excluding wetlands, with potential for up to 180,000 square feet of industrial space. Existing approvals include a 20,000 square foot flex building for Lot 1. The property boasts readily available utilities, simplifying the development process. This location benefits from the presence of successful neighboring businesses such as Optimax and OptiPro, creating a vibrant industrial environment. The seller will consider build-to-suit options. Furthermore, potential incentives may be available through Wayne County Economic Development. This property is zoned for industrial use and is offered at $900,000. The address is 493 Timothy Ln, Ontario, NY 14519. This is a rare chance to acquire a significant industrial land holding in a high-growth area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    Wayne
    State
    New York
    Longitude
    -77.3562
    Latitude
    43.2313
    CBSA code
    40380
    CBSA name
    ROCHESTER, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $336,200
    $0.00
    $336,200
    -
    $400,238
    $0.00
    $400,238

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    • New
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      Office Space with Utilities Included

      Office space for rent with utilities, Wi-Fi, and shared amenities.
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      Versatile Retail Flex Space Available

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    493 Timothy Ln
    Ontario, NY 14519-9014
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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
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