1050 Allen Rd Fallon, NV 89406-8901
This exceptional commercial investment opportunity in Fallon, Nevada, presents a rare chance to acquire a profitable property. The 3,000-square-foot building is situated on a one-acre lot at 1050 S Allen Rd and is currently leased to a long-term tenant operating a dry cleaning business. The tenant pays a monthly rent of $1,650, covering all utilities, providing immediate and consistent cash flow. The property's strong rental history makes it an attractive investment for both seasoned and new investors. Beyond the existing income stream, the expansive one-acre lot and versatile building offer significant potential for future development and increased profitability. Opportunities exist to add income streams through the construction of storage units or by converting the building to accommodate a different, potentially higher-yielding business. The property's location in Fallon offers easy access to major transportation routes and a growing local market. This is a turnkey investment opportunity with immediate returns and substantial upside potential. The asking price is $325,000. This property is priced to sell quickly, so don't miss this chance to secure a valuable asset in a thriving Nevada market.
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Crystal Cleaners (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Fallon, NVCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.