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    2475 Casey Rd Fallon, NV 89406

    For Sale
    $2,390,000

    13.9 Acres, Prime Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 13.985-acre commercial land parcel presents a unique development opportunity in Fallon, Nevada. Located at 2475 Casey Rd, 89406, this property boasts a strategic location adjacent to a Walmart, ensuring high visibility and accessibility. The land is currently zoned with the ability to rezone to a variety of uses, offering significant flexibility for prospective developers. The asking price is $2,390,000, translating to a land value of $3.95 per square foot. The property consists of four level parcels and includes a single-family residence that can be removed, further enhancing development potential. Churchill County demonstrates openness to various rezoning options, streamlining the approval process. An adjacent approximately 2-acre parcel is also available for purchase, subject to contingencies. The APN for this property is 008-361-31. This prime location, combined with the potential for diverse development and the county's cooperative approach to rezoning, makes this a compelling investment prospect for those seeking a high-impact commercial venture in a rapidly growing area. The property's proximity to major retail and its substantial size offer unparalleled potential for a wide range of commercial developments.

    Property Features for 2475 Casey Rd

    General Information

    Property type
    Land
    Lot Size
    609,187 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -118.809248
    Latitude
    39.47592

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    FAQs

    What type of property is this?
    Land - 13.9 Acres, Prime Development Site
    Where is this land located?
    The property is located at 2475 Casey Rd Fallon, NV.
    What is the asking price?
    The asking price for this property is $2,390,000.
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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
    2475 Casey Rd Fallon, NV 89406
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