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Property profile & analytics
FOR SALE
Office buildings

111 Industrial Way Fallon, NV 89406

5,700 SF 0.52 ac lot Built 1996
Entity Owned Free & Clear
Property ID
US62-0464675
Property summary
AI-generated overview

This exceptional 7,000 square foot commercial office building presents a compelling investment opportunity in Fallon, Nevada. Located at 111 Industrial Way, the property sits on a 0.52-acre lot and is currently occupied by the Nevada Department of Health and Human Services, Division of Welfare and Supportive Services under a five-year lease. The tenant's consistent monthly rent of $8,618.37 provides a strong, predictable cash flow. The building's substantial size offers ample space for the current tenant and potential for future expansion or adaptation to other commercial uses. The property's strategic location in Fallon offers easy access to major transportation routes and a growing local economy. This is an ideal investment for those seeking a stable, high-return asset with a long-term tenant in place. The asking price is $1,200,000, representing a significant opportunity for passive income generation and potential appreciation. The property's solid construction and established tenancy make it a low-risk, high-reward investment prospect. Serious inquiries are encouraged to explore this lucrative opportunity further. Detailed financial statements and lease agreements are available upon request.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1996
Construction CONCRETE BLOCKS
Total area 5,700 SF
Lot 0.52 ac (22,651 SF)
Zoning code LI
APN 001-251-41
UPID US62-0464675
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
  • Food Stamps Social Service Agency Charitable Organization
  • Welfare Department Social Service Agency Charitable Organization
  • DWSS Fallon District Office State Government Office
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
UCCELLI PROPERTIES
UCCELLI PROPERTIES
Zoning & alternative use
LI · Fallon, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district is intended to provide uses like indoor manufacturing, processing, assembly and fabrication business, research and development businesses

Zone name Light Industrial
General category INDUSTRIAL
Zone area 172.62 ac
Source Realmo
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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