Listing Agency: Dickson Commercial Group

Listed By: Travis Hansen · License #NV 75595 Show Phone

Source: Crexi

Added: Dec 19, 2022 Changed: Aug 15 Last Checked: Aug 14 at 5:58AM

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Investment Insights

Based on property information with market context.

This property features 9 acres of land. The area is experiencing growth, influenced by the nearby Naval Air Station and its role as a bedroom community for TRIC. The land is suitable for multifamily development, with a potential yield of approximately 175 units, or 1 unit per 2,000 square feet.

Key Highlights

• Multifamily land available for development.
• Large 9‑acre land size.
• Potential yield of approximately 175 units.

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Building Supply HVAC Service Furniture & Home Goods Garden Center Bakery Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

372

Businesses Nearby

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Demographics for 89406, NV

25,204

Population

10,872

Households

2.3

Avg Household Size

41

Median Age

19%

College-Educated

92%

High-School Grad

1,993.0 sq mi

ZIP Area

13

Density / Sq Mi

$73,268

Median Household Income

$41,060

Median Earnings

$1,203

Median Rent

$298,000

Median Home Value

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - 9 acres of land suitable for multifamily development.

Where is this land located?

The property is located at 1 Serpa Pl Fallon, NV.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Multifamily land available for development.; Large 9‑acre land size.; Potential yield of approximately 175 units.