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    Property profile & analytics

    602 Timothy Way Fallon, NV 89406-2745

    • Apartment buildings
    • 9,630 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Apr 29, 2022
    Location Intelligence
    Property ID
    US62-0262669
    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

    • Apartment buildings

    Property Details for 602 Timothy Way

    Year built
    1994
    Construction
    FRAME
    Lot size
    0.43 lot acres
    Property size
    9,630 SF
    Zone code
    C1
    Property type
    Apartment buildings
    APN
    001-035-25
    APU
    103525

    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
    -118.779
    Latitude
    39.4835
    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
    $6,652
    $32,900
    $213,600
    $246,500
    -
    $94,000
    $610,286
    $704,286

    Comparable in this City

    • Value Estimation
      $270,000
      2,112 SF

      275 Dalton St

      APARTMENT HOUSE (5+ UNITS) • 2,112 SF
      275 Dalton St, Fallon, NV 89406-3136
      View Details
    • Value Estimation
      $450,000
      19,325 SF

      160 Serpa Pl

      APARTMENT HOUSE (5+ UNITS) • 19,325 SF
      160 Serpa Pl, Fallon, NV 89406-6419
      View Details
    • Value Estimation by Request
      4,260 SF

      925 Frnt St

      APARTMENT HOUSE (5+ UNITS) • 4,260 SF
      925 Frnt St, Fallon, NV 89406-8155
      View Details
    • Value Estimation
      $315,000
      3,072 SF

      220 St

      APARTMENT HOUSE (5+ UNITS) • 3,072 SF
      220 St, Fallon, NV 89406-3416
      View Details
    • Value Estimation
      $725,000
      1,792 SF

      248 Ww St

      APARTMENT HOUSE (5+ UNITS) • 1,792 SF
      248 Ww St, Fallon, NV 89406-3442
      View Details
    • Value Estimation by Request
      644 SF

      11 Rio Vis Dr

      APARTMENT HOUSE (5+ UNITS) • 644 SF
      11 Rio Vis Dr, Fallon, NV 89406-9042
      View Details

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    602 Timothy Way
    Fallon, NV 89406-2745
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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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