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Property profile & analytics

111 Allen Rd Fallon, NV 89406-5219

  • Turn key restaurants
  • 2,429 SF
  • 0.24 lot acres
OFF-MARKET
Last Sale
Mar 05, 2024
$440,216
Value Estimations
$440,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US62-1252178
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • HD Vet Meds / Veterinary Pharmacy

Property Details for 111 Allen Rd

Year built
1974
Construction
CONCRETE BLOCKS
Lot size
0.24 lot acres
Property size
2,429 SF
Zone code
C2
Property type
Turn key restaurants
APN
001-251-33
APU
125133

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $440,000
    ML approach
    $440,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Fallon
County
Churchill
State
Nevada
Longitude
-118.8
Latitude
39.475
CBSA code
21980
CBSA name
FALLON, NV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,068
$29,782
$80,946
$110,728
-
$85,091
$231,274
$316,365
More about this property
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