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Property profile & analytics
OFF-MARKET
Turn key restaurants

111 Allen Rd Fallon, NV 89406-5219

2,429 SF 0.24 ac lot Built 1974
Individually Owned 2-yr Hold Free & Clear
Property ID
US62-1252178
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity in Fallon, Nevada, presents a rare chance to acquire a well-established eatery. Located at 111 South Allen Road, this 3,771 square foot property sits on a 0.24-acre lot (10,454 square feet) and is zoned C2. Originally built in 1974, with additions in 1980 and 1984, the building boasts a rustic charm with wood flooring, a full bar, ample seating, a large cafeteria-style dining area, a kitchen complete with a walk-in pantry, a small office, and two bathrooms. The property's prime location is just two blocks south of the Reno Highway, providing convenient access and ample parking. Surrounding businesses include a hotel to the west and other retail and restaurants to the north, with retail, residential, and vacant land to the south. The asking price is $649,000, translating to $172.10 per square foot. This meticulously maintained property is in excellent condition and ready for immediate occupancy, making it an ideal investment for an experienced restaurateur seeking a move-in ready establishment. The property's APN is 001-251-33. A virtual tour is available.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Construction CONCRETE BLOCKS
Total area 2,429 SF
Lot 0.24 ac (10,454 SF)
Zoning code C2
APN 001-251-33
UPID US62-1252178
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
Current use
Occupant on record · Public records
  • HD Vet Meds Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bonnie Bell · 2 yrs held
Bonnie Bell
since 2024
Last sale
$440,216
6 recorded transactions
2024
$440,216
2020
$365,000
2018
Price N/A
2018
$282,500
2005
$291,109
2005
Price N/A
Zoning & alternative use
C2 · Fallon, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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