$140,000 Active
451 Silver Spur Drive
Fallon, NV 89406

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STR Status Unknown

About This Property

Prime Multi-Family Development Opportunity in Fallon, NV - 11-Plex Lot! This ready-to-build multi-family lot is ideally located near the Fallon Naval Air Station, offering the potential to develop 11 units, perfect for military personnel housing. The property is equipped with all essential infrastructure—curb, gutter, sidewalks, and utilities (natural gas, electricity, city water, and sewer) are already in place. This is a fantastic investment in a high-demand area with strong rental potential! Survey completed. Contact Listing Agent for more details.

Listed by Alyssa McDermott — Chase International-Damonte

Listing Details

Status Active
MLS # 260012924
Days on Market 13

Property History

Oct 09, 2026
Listed for sale
$140,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2024 $82,500 Joshua BerneyBerney Realty, LTD Jon StieberNVG Properties LLC

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 0.51 acres
Property Type Land
APN 001-811-51
Exterior & Lot
Lot Features Open Lot, Curbs, Sidewalks, Storm Drains
Financial
Annual Tax $680
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

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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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

$765 per month
Principal & interest
$708/mo
Property taxes
$57/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($28,000)
Home price
$140,000
Loan details
30-yr fixed, 6.5%
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