$599,000 Active
000 Edwards Lane
Fallon, NV 89406
STR Status Unknown

About This Property

This 133+/- acre parcel is well located in a rapidly growing area, near the intersection of Edwards Lane and Hillsboro Blvd. Zoned A-10, the zoning currently allows for a minimum parcel size of 10 acres and supports a range of permitted uses, including agriculture, single-family residences, manufactured homes, and farm-related improvements. The property does not include surface or underground water rights; however, domestic wells are permitted on individual subdivided parcels, subject to county regulations and final density. The current zoning makes the property well suited for subdivision into 10-acre parcels or bring the county a proposal for higher density as the area is ripe for long-term investment and future development. Surrounding land uses consist of irrigated farmland and rural residential properties with 10+ acre parcel sizes, creating compatibility with existing development in the area. 10-acre parcels in Fallon are ideal for buyers seeking a rural lifestyle, space for animals or hobbies, and separation from higher-density neighborhoods. Electric and telephone service are available along Edwards Lane and Hillsboro Boulevard, which also provide practical access for future development. The property is also conveniently located near town amenities and within close proximity to Naval Air Station Fallon, an important driver of housing demand from military personnel and their families. Bulk ownership of this 133+/- acre parcel offers flexibility, whether subdividing to capture higher per-acre values or holding the land as Fallon continues to expand. Come with a vision on this blank canvas parcel!

Listed by Morgan Nevin — Far West Real Estate LLC

Listing Details

Status Active
MLS # 260003316
Days on Market 74

Property History

Mar 23, 2026
Listed for sale
$599,000
Property Overview
Lot Size 133.00 acres
Property Type Land
APN 008-031-27
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Level, Open Lot
View Desert, Rural
Financial
Annual Tax $1,351
Schools
Elementary School Fallon/Other
Middle School Churchill
High School Churchill
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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