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Property profile & analytics
OFF-MARKET
Commercial real estate

4515 Alcorn Rd Fallon, NV 89406

2.81 ac lot
Property ID
US62-0037319
Property summary
AI-generated overview

This exceptional 2.81-acre commercial lot in Fallon, Nevada (APN 00869224), presents a unique investment opportunity. Located at 4515 Alcorn Rd, zip code 89406, this vacant land is zoned E1 and offers significant potential. The asking price is $256,250, translating to approximately $88,967.97 per acre. A key advantage is the inclusion of existing infrastructure: a well and septic system are already in place, along with readily available power. The property boasts mature trees and convenient access. Furthermore, substantial water rights are included, encompassing 1.47 acres of surface water. This property's ample space is ideal for various uses, including potential development for a large residential property or other commercial ventures. Its location in Churchill County, Nevada, provides a strategic position within the Fallon area. The combination of existing utilities, water rights, and the expansive lot size makes this a rare and highly desirable commercial land parcel. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 2.81 ac (122,404 SF)
APN 00869224
UPID US62-0037319
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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