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    108 Reno Hwy Fallon, NV 89406

    For Sale
    $1,225,000

    Prime Nevada industrial land, rail access, Hwy 50 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 38.08-acre commercial land parcel presents a unique investment opportunity in Fernley, Nevada. Located at 108 Reno Highway, this property boasts convenient access to Highway 50, a four-lane highway, providing excellent transportation links. The land is zoned I (Industrial), offering flexibility for a variety of commercial uses. A significant advantage is the property's proximity to a rail spur, ideal for businesses requiring efficient freight transport. The location is strategically positioned, just 30 minutes from the USA Parkway and 40 minutes from the Sparks/Reno area, ensuring easy access to a substantial workforce and regional markets. Power is readily available nearby, further enhancing the site's development potential. The Churchill County location, with APN 00927180, offers a compelling combination of accessibility, infrastructure, and zoning, making it an attractive proposition for industrial development. The asking price is $1,225,000, translating to $34,663.87 per acre. This represents a strong value proposition for investors seeking a well-located, sizable industrial land parcel in a rapidly growing region of Nevada.

    Property Features for 108 Reno Hwy

    General Information

    Property type
    Land
    Lot Size
    1,658,765 SF

    HighLights

    • $1,225,000 asking price.
    • 38.08‑acre commercial land parcel.
    • Located in Fernley, NV, APN 00927180, zoned I.
    • $34,663.87 per acre land value.
    • Excellent access to Highway 50, rail spur, and proximity to Reno/Sparks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fallon
    County
    Churchill
    State
    Nevada
    Longitude
    -118.777043
    Latitude
    39.4748735

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    FAQs

    What type of property is this?
    Land - Prime Nevada industrial land, rail access, Hwy 50 frontage.
    Where is this land located?
    The property is located at 108 Reno Hwy Fallon, NV.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: $1,225,000 asking price.; 38.08-acre commercial land parcel.; Located in Fernley, NV, APN 00927180, zoned I.
    Request Owner's contact information
    108 Reno Hwy 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
    108 Reno Hwy Fallon, NV 89406
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