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Property profile & analytics
OFF-MARKET
Industrial properties

11555 Lovelock Hwy Fallon, NV 89406

2,760 SF 40 ac lot Built 1996
Individually Owned Absentee Owner Free & Clear
Property ID
US62-0609539
Property summary
AI-generated overview

This move-in ready industrial property in Fallon, Nevada, offers ±3,560 square feet of versatile space across two buildings on a spacious ±40-acre lot. Building 1, at 2,760 square feet, features two 12' x 14' roll-up doors, five man doors, and a 20' concrete apron. Building 2, an 800-square-foot structure, includes a 12' x 10' roll-up door and a man door. Both buildings boast 20' clear height ceilings, Reznor heaters, full insulation, air lines, skylights, and pull-through access. The property includes a fully fenced 5-acre yard with three trailer hookups, a well with a well house, and an existing septic system. An additional 35 acres provide ample room for expansion. A Detroit Diesel backup generator is also on-site. Renovated in 2022, this Class B property benefits from direct US Highway 95 exposure, split power, and the possibility of separate or combined occupancy. Conveniently located near I-80, this property offers a thrifty alternative to new construction, avoiding lengthy delays and high costs. Seller financing is available with a 10% down payment. The property is strategically located near Fallon's new housing developments, Fernley, and Lovelock, providing excellent access to transportation networks and a cost-effective workforce. The site is exempt from corporate, personal, and unitary taxes.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1996
Construction STEEL FRAME
Total area 2,760 SF
Lot 40 ac (1,742,400 SF)
Zoning code I
APN 003-691-61
UPID US62-0609539
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Stephen Joshua Palley
Stephen Joshua Palley
since 2025
Last sale
$300,000
7 recorded transactions
2025
Price N/A
2025
$300,000
2022
$45,900
2021
$6,150
2018
$60,000
2016
$70,000
2010
$50,000
Zoning & alternative use
I · Fallon, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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