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    Serpa Pl Fallon, NV 89406

    For Sale
    $750,000

    LAND - Fallon, NV

    Lot size:
    16.48 Acres
    Days on Market:
    183
    Last Refresh:
    Dec 8 at 6:06 pm

    Property Features for Serpa Pl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1-5K
    APN
    001-061-29
    Lot size
    16.48 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    Nevada Prime Real Estate, LLC (775) 234-5054 [email protected]

    Listing agent Brittany Hall (775) 835-2015 License #BS.46038

    Listing date Jun 9, 2025

    MLS# 250050688 Listing URL

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    16.48-Acre Residential Development Opportunity

    Located within city limits in Fallon, Nevada, this 16.48-acre vacant lot is fully entitled for residential development. The property is approved for a 39-lot single-family subdivision, with lots ranging from approximately 11,500 to over 31,000 square feet. The subdivision is designed to be developed in three phases, with Phase 1 consisting of 14 lots. All required engineering has been completed and approved by the city and relevant agencies. The first 14 lots in Phase 1 will be delivered with water already dedicated. Located in the Country Air Estates subdivision, the property is situated in a desirable neighborhood with larger lots that can accommodate larger custom homes, RV parking, spacious backyards, and detached shops or second garages. Power, gas, water and sewer is stubbed on site. The property presents a ready-to-go project with significant upside potential in a growing Nevada community with strong demand for residential housing. The zoning is Residential (R1-5K).
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fallon
    County
    Churchill
    State
    Nevada
    Longitude
    -118.761197
    Latitude
    39.479646

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    FAQs

    What type of property is this?
    Residential land & home lot - 16.48-acre vacant lot approved for 39 single-family residential lots.
    Where is this residential land & home lot located?
    The property is located at Serpa Pl Fallon, NV.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Fully entitled and approved for a 39-lot single-family residential subdivision within city limits.; - First 14 lots in Phase 1 have water already dedicated, enabling immediate development.; - All required engineering has been completed and approved by the city and relevant agencies.
    (775) 835-2015
    Request Owner's contact information
    Serpa Pl Fallon, NV 89406
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    Fallon, NV 89406
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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

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    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
    Serpa Pl Fallon, NV 89406
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