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Property profile & analytics
OFF-MARKET
Land

108 Reno Hwy Fallon, NV 89406

38.08 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 38.08 ac (1,658,765 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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