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Property profile & analytics
OFF-MARKET
Office buildings

985 Williams Ave Fallon, NV 89406-2631

5,004 SF 0.8 ac lot Built 1980
Entity Owned Free & Clear
Property ID
US62-0461341
Property summary
AI-generated overview

This exceptional investment opportunity presents a 19-unit commercial complex ideally situated on Williams Avenue in Fallon, Nevada. The property encompasses a substantial 19,722 square feet of building space on a 1.48-acre lot. Currently, eight of the nineteen units are occupied, offering immediate cash flow. The majority of the units are approximately 1,000 square feet each, commanding rental rates exceeding $0.60 per square foot. All buildings and individual units are well-maintained and in good condition, minimizing immediate capital expenditure needs. The property's strong tenant base contributes to a stable income stream. Landlord responsibilities include water and sewer services, while tenants are responsible for all other utilities. This established complex presents a compelling investment opportunity with significant upside potential for future growth and increased profitability. The prime location on Williams Avenue ensures high visibility and accessibility, attracting a diverse range of potential tenants. The property's size and layout offer flexibility for a variety of commercial uses, making it an attractive investment for both seasoned and emerging investors seeking a strong return on investment in the thriving Fallon market. This is a rare chance to acquire a well-established, income-producing commercial property in a desirable location.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1980
Construction CONCRETE BLOCKS
Total area 5,004 SF
Lot 0.8 ac (34,848 SF)
Zoning code C1
APN 001-271-06
UPID US62-0461341
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
Current use
Occupant on record · Public records
  • Rural Emergency Assistance Project Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
UCCELLI PROPERTIES
UCCELLI PROPERTIES
Zoning & alternative use
C1 · Fallon, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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