111 Industrial Way Fallon, NV 89406
Property Lookup
Property profile & analytics
111 Industrial Way Fallon, NV 89406
- Office buildings
- 5,700 SF
- 0.52 lot acres
Property ID
US62-0464675
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.
Location Intelligence
Current Use by Public Records
- Food Stamps / Social Service Agency / Charitable Organization
- Welfare Department / Social Service Agency / Charitable Organization
- DWSS Fallon District Office / State Government Office
Property Details for 111 Industrial Way
- Year built
- 1996
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.52 lot acres
- Property size
- 5,700 SF
- Zone code
- LI
- Property type
- Office buildings
- APN
- 001-251-41
- APU
- 125141
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fallon
- County
- Churchill
- State
- Nevada
- Longitude
- -118.796
- Latitude
- 39.4738
- 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
$7,496
$15,603
$200,356
$215,959
-
$44,580
$572,446
$617,026
