$300,000 Active
009-371-30 Lovelock Highway
Fallon, NV 89406
STR Status Unknown

About This Property

There's a different kind of opportunity that comes with owning 640 acres. It's the feeling of having room to think bigger. Room to build, invest, develop, or simply enjoy the freedom that comes with owning a piece of Northern Nevada that feels truly expansive. Welcome to 009-371-30 Lovelock Highway. Located just 3 miles outside of Fallon, this impressive 640-acre property offers a rare combination of scale, accessibility, and development potential. The property is zoned residential and offers the ability to subdivide into multiple parcels, creating an exciting opportunity for an investor, developer, or buyer looking to create something on a larger scale. With convenient access to a major highway, the property offers connectivity while still providing the space and privacy that comes with large-acreage ownership. The possibilities here extend well beyond simply owning land—this is an opportunity to envision what the property could become. Imagine creating multiple homesites, developing a residential community, holding land for future growth, or simply owning an expansive piece of Nevada with substantial potential. And while the property offers the feeling of being away from it all, you're only minutes from Fallon, giving you convenient access to local amenities, services, and the surrounding community. 640 acres. Residential zoning. Subdivision potential. Just 3 miles from Fallon and conveniently located near a major highway. Opportunities of this size and potential are rare. The land is here. The vision is yours.

Listed by Brittany Smith — Real Broker LLC

Listing Details

Status Active
MLS # 260011164
Days on Market 9

Property History

Aug 28, 2026
Listed for sale
$300,000
Property Overview
Lot Size 640.00 acres
Property Type Land
APN 009-371-30
Financial
Annual Tax $215
Schools
Elementary School Out of Area
Middle School Out Of Area
High School Out Of Area
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($60,000)
Home price
$300,000
Loan details
30-yr fixed, 6.5%
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