4888 Reno Hwy Fallon, NV 89406-9312
This exceptional commercial property in Fallon, Nevada, presents a lucrative investment opportunity. The 1.09-acre lot features two buildings totaling 8,121 square feet, ideal for a variety of retail uses. The property includes a 2,121 square foot office building with stucco and metal exterior, a welcoming lobby, multiple offices, and two bathrooms. A substantial 6,000 square foot metal shop complements the office space, offering four roll-up doors and one restroom. The property boasts 30 parking spaces within a fenced yard, providing ample room for storage and customer parking. The location is highly advantageous, situated on Reno Highway, a four-lane road, offering excellent visibility and accessibility. The property is serviced by a private well and septic system. The ceiling height varies from 8 to 15 feet. The property is zoned C2, offering flexibility for various commercial ventures. Conveniently located approximately 40 minutes from USA Parkway and 55 minutes from Reno, this property offers significant potential for growth and return on investment. Built in 1984, this property consists of four units across two single-story buildings. The asking price is $1,495,000, with a price per square foot of $184.09. The APN is 00847218.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Fallon, NVCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.