Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    70 Juanita Ct Fallon, NV 89406

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    70 Juanita Ct Fallon, NV 89406

    View on Map
    • Land
    • 0.44 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 70 Juanita Ct

    Lot size
    0.44 lot acres
    Property type
    Land

    Description

    This exceptional .44-acre commercial land parcel presents a remarkable investment opportunity in the thriving heart of Fallon, Nevada. Strategically located at 70 Juanita Ct, 89406, this C2 zoned property boasts unparalleled visibility and accessibility. Situated behind First Independent Bank and Churchill Springs Casino, and adjacent to prominent retailers such as Harbor Freight, Boot Barn, TJ Maxx, McDonald's, Wells Fargo, and Burger King, this location ensures high traffic and exposure. The convenience is further enhanced by the proximity of Walgreens and Sonic Drive-In across the street. Recent development activity underscores the area's growth potential, with a major hotel chain having recently acquired the neighboring property. The site is fully prepared for development, with city utilities readily available and existing sidewalks and gutters already installed. The APN is 00126123. This property offers a unique chance to capitalize on Fallon's burgeoning commercial sector. The asking price is $199,900, representing a land value of $454,318.18 per acre. Don't miss this chance to secure a prime piece of Fallon real estate. Further photos will be available soon.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fallon
    County
    Churchill
    State
    Nevada
    Longitude
    -118.802
    Latitude
    39.4759

    Comparable in this City

    • Value Estimation by Request
      10.68 Acres

      10.68 acres Maine St

      Land • 10.68 Acres
      10.68 acres Maine St, Fallon, NV 89406
      View Details
    • Value Estimation by Request
      69.54 Acres

      7235 Curry Rd

      Land • 69.54 Acres
      7235 Curry Rd, Fallon, NV 89406
      View Details
    • Value Estimation by Request
      13.99 Acres

      2475 Casey Rd

      Land • 13.99 Acres
      2475 Casey Rd, Fallon, NV 89406
      View Details
    • Value Estimation by Request
      6.91 Acres

      4478 Benson Ln

      Land • 6.91 Acres
      4478 Benson Ln, Fallon, NV 89406
      View Details
    • Value Estimation by Request
      10.68 Acres

      Maine St

      Land • 10.68 Acres
      0 Maine St, Fallon, NV 89406
      View Details
    • Value Estimation by Request
      0.90 Acres

      Fallon

      Land • 0.90 Acres
      0 Fallon, Fallon, NV 89406
      View Details

    Similar Nearby for Sale

    • $224,000
      640.00 Acres

      640 Acres of Nevada Land

      Large acreage parcel near Highway 95, Fallon, Nevada.
      T21N R29E S17, Fallon, NV 89406
      View Details
    • Contact for pricing

      Land Near Lake Lahontan

      1.69 acre building lot near Lake Lahontan.
      15423 Fisherman Rd, Fallon, NV 89406
      View Details
    • $415,000

      Land Available in Fallon, Nevada

      Land available for sale on Reno Highway in Fallon, Nevada.
      Reno Hwy, Fallon, NV 89406
      View Details
    • $94,900
      160.00 Acres

      Expansive Land with Lake Views

      160-acre parcel with lake views and diverse terrain.
      006-142-19 Apn, Fallon, NV 89406
      View Details
    • New
      $240,000
      10.16 Acres

      Vacant Land in Churchill County

      10-acre parcel with desert views near Fallon, Nevada.
      389 Norcutt Ln, Fallon, NV 89406
      View Details
    • New
      Contact for pricing
      20.00 Acres

      Vacant Land in Churchill County

      20 acres of vacant land near Hazen, Nevada.
      Churchill Country, Fallon, NV 89406
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    70 Juanita Ct
    Fallon, NV 89406
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    70 Juanita Ct, Fallon, NV, 89406

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!