$150,000
Active
1.55 Acres on S Maine Street
Fallon, NV 89406
STR Status Unknown
About This Property
Great building lot located off Maine Street in Fallon, 89406 with commercial zoning that is just minutes from down town. Property is fenced and has mature trees. Access can be off of Morina Drive (see access map attached). Owner would consider financing or leasing the property.
Listed by Cory Munoz — Berney Realty, LTD
Listing Details
Status
Active
MLS #
250051969
Days on Market
347
Property History
Jun 23, 2025
Listed for sale
$150,000
Property Overview
Lot Size
1.55 acres
Property Type
Land
APN
007-752-28
Exterior & Lot
Lot Features
Open Lot
View
Meadow, Trees/Woods
Financial
Annual Tax
$1,092
Schools
Elementary School
E.C. Best
Middle School
Churchill
High School
Churchill
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% ($30,000)
Home price
$150,000
Loan details
30-yr fixed, 6.5%
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