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    Property profile & analytics

    7490 Reno Hwy Fallon, NV 89406-8390

    • Investment properties
    • 924 SF
    • 3.71 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 11, 2022
    Location Intelligence
    Property ID
    US62-0345457
    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

    • Investment properties

    Property Details for 7490 Reno Hwy

    Year built
    1983
    Construction
    FRAME
    Lot size
    3.71 lot acres
    Property size
    924 SF
    Zone code
    C2
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    007-251-53
    APU
    725153

    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
    -118.903
    Latitude
    39.5007
    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
    $1,168
    $30,544
    $22,805
    $53,349
    -
    $87,269
    $65,157
    $152,426

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      155 Ct St

      STORE/OFFICE (MIXED USE) • 1,200 SF
      155 Ct St, Fallon, NV 89406-3444
      View Details
    • Value Estimation
      $105,000
      1,116 SF

      510 Maine St

      STORE/OFFICE (MIXED USE) • 1,116 SF
      510 Maine St, Fallon, NV 89406-3343
      View Details
    • Value Estimation
      $530,000
      1,454 SF

      5180 Reno Hwy

      STORE/OFFICE (MIXED USE) • 1,454 SF
      5180 Reno Hwy, Fallon, NV 89406-8381
      View Details
    • Value Estimation
      $480,000
      440 SF

      4259 Reno Hwy

      STORE/OFFICE (MIXED USE) • 440 SF
      4259 Reno Hwy, Fallon, NV 89406-9374
      View Details
    • Value Estimation
      $295,000
      756 SF

      590 Maine St

      STORE/OFFICE (MIXED USE) • 756 SF
      590 Maine St, Fallon, NV 89406-3343
      View Details
    • Value Estimation
      $250,000
      1,187 SF

      4350 Reno Hwy

      STORE/OFFICE (MIXED USE) • 1,187 SF
      4350 Reno Hwy, Fallon, NV 89406-9375
      View Details

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    7490 Reno Hwy
    Fallon, NV 89406-8390
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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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