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    111 Industrial Way Fallon, NV 89406

    Sponsored
    For Sale
    $1,200,000

    High-yield investment, long-term lease.

    Property size:
    7,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 7,000 square foot commercial office building presents a compelling investment opportunity in Fallon, Nevada. Located at 111 Industrial Way, the property sits on a 0.52-acre lot and is currently occupied by the Nevada Department of Health and Human Services, Division of Welfare and Supportive Services under a five-year lease. The tenant's consistent monthly rent of $8,618.37 provides a strong, predictable cash flow. The building's substantial size offers ample space for the current tenant and potential for future expansion or adaptation to other commercial uses. The property's strategic location in Fallon offers easy access to major transportation routes and a growing local economy. This is an ideal investment for those seeking a stable, high-return asset with a long-term tenant in place. The asking price is $1,200,000, representing a significant opportunity for passive income generation and potential appreciation. The property's solid construction and established tenancy make it a low-risk, high-reward investment prospect. Serious inquiries are encouraged to explore this lucrative opportunity further. Detailed financial statements and lease agreements are available upon request.

    Property Features for 111 Industrial Way

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,000 SF
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Food Stamps Social Services Organization Welfare Department Social Services Organization DWSS Fallon District ... State Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fallon
    County
    Churchill
    State
    Nevada
    Longitude
    -118.7966
    Latitude
    39.47382

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    FAQs

    What type of property is this?
    Commercial real estate - High-yield investment, long-term lease.
    Where is this commercial real estate located?
    The property is located at 111 Industrial Way Fallon, NV.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (775) 423-4230
    Request Owner's contact information
    111 Industrial Way 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

    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
    111 Industrial Way Fallon, NV 89406
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