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    Property profile & analytics

    4515 Alcorn Rd Fallon, NV 89406

    • Commercial real estate
    • 2.81 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US62-0037319
    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

    • Commercial real estate

    Property Details for 4515 Alcorn Rd

    Lot size
    2.81 lot acres
    Property type
    Commercial real estate
    APN
    00869224

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fallon
    County
    Churchill
    State
    Nevada
    Longitude
    -118.8468108
    Latitude
    39.4738849

    Comparable in this City

    • Contact for pricing
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      432 Acres Near Highway 80

      432-acre parcel east of Fernley off Hwy 80.
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    • $750,000
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      16.48-Acre Residential Development Opportunity

      16.48-acre vacant lot approved for 39 single-family residential lots.
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    • $40,000
      41.21 Acres

      Unique 40-Acre Parcel in Fallon

      40-acre parcel with southern views and canal access near Sheckler Road.
      Apn 007-091-74 Casey Rd, Fallon, NV 89406
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.00 Acre

      Fallon Industrial Land Parcels

      Four Nevada industrial lots, ready to build.
      0 New River Pkwy, Fallon, NV 89406
      View Details
    • $1,225,000
      52.00 Acres

      52-Acre Industrial Land, Fallon, NV

      Prime Nevada industrial land; highway & rail access.
      0 Xenon Ln, Fernley, NV 89406
      View Details
    • $555,000
      0.90 Acres

      Fallon Commercial Land - Hwy 50

      High-traffic Hwy 50 frontage, prime commercial lot.
      0 Fallon, Fallon, NV 89406
      View Details
    • $215,000
      432.00 Acres

      432 Acres Near Highway 80

      432-acre parcel east of Fernley off Hwy 80.
      80 Hwy, Fallon, NV 89406
      View Details
    • $750,000
      16.48 Acres

      16.48-Acre Residential Development Opportunity

      16.48-acre vacant lot approved for 39 single-family residential lots.
      Serpa Pl, Fallon, NV 89406
      View Details
    • $40,000
      41.21 Acres

      Unique 40-Acre Parcel in Fallon

      40-acre parcel with southern views and canal access near Sheckler Road.
      Apn 007-091-74 Casey Rd, Fallon, NV 89406
      View Details
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    4515 Alcorn Rd
    Fallon, NV 89406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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