3981 Reno HwyFallon, NV 89406

  • Commercial real estate
  • 2,400 SF
For Sale
$850,000 View listing

Property Details for 3981 Reno Hwy

Year built
2004
Construction
STEEL FRAME
Lot size
1.24 AC
Property size (Sq ft)
2,400 SF
Zone code
C1
Property type
Commercial real estate
APN
008-411-40
APU
841140

Description

This exceptional commercial property located at 3981 Reno Highway in Fallon, Nevada, presents a unique investment opportunity. The property encompasses a total of 2.31 acres and features a main retail building of 2,400 square feet. This building boasts a durable metal exterior, a finished interior, and a restroom. In addition to the retail space, there's a substantial 1,800 square foot metal shop equipped with two roll-up doors and a restroom. A smaller, 360 square-foot building currently serves as a cashier stand. The property also includes covered awnings and is partially fenced. A significant advantage is the over 400 square feet of frontage along a five-lane highway, ensuring high visibility and accessibility. Currently operating as a successful nursery and landscaping business, this established enterprise offers the potential for continued operation or redevelopment. The business is available for sale separately, providing flexibility for potential buyers. The property's size, location, and existing improvements make it ideal for a variety of commercial uses. The asking price for this remarkable property is $850,000. Detailed information regarding the business operations is available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $522,498
    Hospitality
    $478,605
    Educational
    $398,194
    Medical
    $411,888
    Retail
    $619,413

Location Insight

City
Fallon
County
Churchill
State
Nevada
Latitude
39.4849
Longitude
-118.838
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
$4,225
$35,352
$118,768
$154,120
-
$101,006
$339,337
$440,343

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