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601 Gummow Dr - J&J Mini Storage 23,450 SF Specialty Building Offered at $1,799,350 CAD in Fallon, NV 89406
Investment Highlights
- Value-Add Opportunity: Current occupancy of approximately 76% provides immediate upside through lease-up and improved marketing efforts.
- Military Demand Driver: Proximity to Naval Air Station Fallon (TOPGUN) creates consistent storage demand from military personnel and families
- Additional Revenue Potential: Opportunity to increase revenue through operational improvements, rental rate adjustments, and light capital expenditure
- Stable Small-Market Investment: Located in Fallon, Nevada, the regional hub for Churchill County
- Owner-Managed Operations: Currently owner-operated, presenting an opportunity for new ownership to implement professional management systems
Executive Summary
J&J Mini Storage offers investors the opportunity to acquire a self-storage facility in Fallon, Nevada, a stable rural community known as the regional hub of Churchill County. The area benefits from several consistent demand drivers, including the presence of Naval Air Station Fallon (home to the Navy’s TOPGUN program), a strong agricultural base in the Lahontan Valley, and year-round outdoor recreation. Residents in the Fallon area frequently own RVs, boats, trailers, and recreational equipment due to nearby destinations such as Lahontan State Recreation Area and Sand Mountain, supporting ongoing demand for storage solutions. Fallon’s small-town lifestyle, combined with its proximity to the Reno–Sparks metropolitan area approximately one hour away, creates a steady mix of military personnel, local residents, and commuters.
The property presents a compelling value-add opportunity for investors seeking to increase operational performance. Currently approximately 76% occupied and owner-managed, the facility provides clear upside through improved management practices, enhanced marketing, and rental rate optimization. Simple cosmetic improvements such as painting and general curb appeal upgrades could further strengthen the property’s visibility and leasing activity. With continued regional economic activity, military demand, and Fallon’s role as the service center for surrounding rural communities, J&J Mini Storage offers investors the potential to increase occupancy, grow revenue, and create long-term value within a resilient real estate asset class.
The property presents a compelling value-add opportunity for investors seeking to increase operational performance. Currently approximately 76% occupied and owner-managed, the facility provides clear upside through improved management practices, enhanced marketing, and rental rate optimization. Simple cosmetic improvements such as painting and general curb appeal upgrades could further strengthen the property’s visibility and leasing activity. With continued regional economic activity, military demand, and Fallon’s role as the service center for surrounding rural communities, J&J Mini Storage offers investors the potential to increase occupancy, grow revenue, and create long-term value within a resilient real estate asset class.
Property Facts
| Price | $1,799,350 CAD | Lot Size | 1.97 AC |
| Price Per SF | $76.73 CAD | Building Size | 23,450 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1987 |
| Property Subtype | Self-Storage | Cross Streets | Reno Hwy |
| Building Class | C | ||
| Zoning | C1 - Commercial | ||
| Price | $1,799,350 CAD |
| Price Per SF | $76.73 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.97 AC |
| Building Size | 23,450 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Cross Streets | Reno Hwy |
| Zoning | C1 - Commercial |
Amenities
- Signage
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 008-391-26 | Improvements Assessment | $119,435 CAD |
| Land Assessment | $26,002 CAD | Total Assessment | $145,436 CAD |
Property Taxes
Parcel Number
008-391-26
Land Assessment
$26,002 CAD
Improvements Assessment
$119,435 CAD
Total Assessment
$145,436 CAD
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601 Gummow Dr - J&J Mini Storage
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