1044 Allen RdFallon, NV 89406

  • Commercial land
  • 7.36 AC
For Sale
$875,000 View listing

Property Details for 1044 Allen Rd

Lot size
7.36 AC
Property type
Commercial land
APN
001-261-28
APU
126128

Description

This exceptional 7.36-acre commercial property presents a rare opportunity in Fallon, Nevada. Located at 1044 S Allen Rd, this vacant land boasts convenient access just off Williams Ave, offering excellent visibility and accessibility. The property is zoned C2, providing flexibility for a variety of commercial uses. City utilities are readily available at the roadside, simplifying development. The asking price is $875,000, translating to approximately $118,885.87 per acre. While not included in the sale, the seller possesses pre-existing plans for a storage unit complex, offering a potential development pathway for the buyer. This substantial parcel is strategically positioned, providing easy access to key transportation arteries. It's approximately 45 minutes from USA Parkway, 55 minutes from Sparks, and 60 minutes from Reno. The significant acreage within city limits makes this a truly unique and highly desirable investment opportunity. The APN is 00126128. This property is situated in Churchill County, Nevada, with a zip code of 89406.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $128,466,000
    Retail / Commercial
    $65,314,900
    Mixed-Use / Specialty
    $64,639,200
    Hospitality / Lodging
    $46,847,100
    Office
    $63,793,900
    Institutional / Educational
    $67,040,400
    Residential Income
    $78,437,300
    Multifamily
    $96,528,500
    Automotive / Energy
    $57,463,200
    Parking / Income-Based Land
    $20,267,400
    Restaurant / Food Service
    $32,674,200
    Healthcare / Senior Housing
    $66,740,400

Location Insight

City
Fallon
County
Churchill
State
Nevada
Latitude
39.4738
Longitude
-118.802
CBSA code
21980
CBSA name
FALLON, NV MICROPOLITAN 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
2024
$2,883
$129,042
-
$129,042
-
$368,691
-
$368,691

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