985 Williams Ave Fallon, NV 89406-2631
Property profile & analytics
985 Williams Ave Fallon, NV 89406-2631
- Office buildings
- 5,004 SF
- 0.80 lot acres
Property ID
US62-0461341
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.
Location Intelligence
Current Use by Public Records
- Rural Emergency Assistance Project / Charitable Organization / Social Service Agency
Property Details for 985 Williams Ave
- Year built
- 1980
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.80 lot acres
- Property size
- 5,004 SF
- Zone code
- C1
- Property type
- Office buildings
- APN
- 001-271-06
- APU
- 127106
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fallon
- County
- Churchill
- State
- Nevada
- Longitude
- -118.79
- Latitude
- 39.4742
- 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
$9,455
$102,474
$194,151
$296,625
-
$292,783
$554,717
$847,500
