8780 Ara LnFallon, NV 89406

For Sale
$70,000 View listing
  • Commercial land
  • 1.20 AC

Property Details for 8780 Ara Ln

Lot size
1.20 AC
Zone code
C2
Property type
Commercial land
APN
007-151-54
APU
715154

Description

This exceptional 1.2-acre commercial lot presents a unique investment opportunity in Fallon, Nevada. Located at 8780 Ara, this vacant land is zoned C-2, offering a wide range of development possibilities for businesses seeking a prominent location. The property's expansive size provides ample space for construction, allowing for flexibility in design and functionality. With a total asking price of $70,000, this translates to a price per acre of $82,500, representing a competitive value within the Churchill County market. The property's APN is 0715154. Its strategic location in Fallon offers convenient access to local amenities, transportation routes, and a growing business community. This is an ideal site for entrepreneurs and investors looking to establish a new venture or expand existing operations. The C-2 zoning allows for a variety of commercial uses, making it suitable for a diverse range of businesses. This property offers a blank canvas for creating a thriving commercial enterprise in a vibrant Nevada town. Don't miss this chance to acquire a prime piece of commercial real estate in a rapidly developing area. The property is ready for immediate development, allowing for a swift turnaround on investment. This is a rare opportunity to secure a substantial commercial lot in a desirable location at an attractive price point.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,379,737
    Hospitality
    $10,423,778
    Educational
    $8,672,461
    Medical
    $8,970,720
    Retail
    $13,490,494
8780 Ara Ln, Fallon, Nevada

Location Insight

City
Fallon
County
Churchill
State
Nevada
Latitude
39.5077
Longitude
-118.928
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
2023
$216
$7,000
-
$7,000
-
$20,000
-
$20,000

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