$5,750,000 $7,300,000 ↓ $1,550,000 reduced Pending
11467 Brockway Road
Truckee, CA 96161

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⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.

About This Property

$1,550,000 price reduction, seller will consider seller financing! PRIME high visibility, commercial frontage location adjacent to the Truckee Airport Hub, across from the new Raley’s Retail Center and offering excellent traffic counts. The current development map for Joerger Ranch Parcel 4 is nearing approval and it's time for a Master Developer to step in and complete the vision. The updated Joerger Ranch Specific Plan sets aside this west side, 32-acre parcel for diverse economic enterprise, mixed-use development and open space protection. Adhering to Town of Truckee guidelines, the current Tentative Map includes a six-lot subdivision incorporating four distinct zoning districts - business innovation, lifestyle commercial, workforce housing and conservation space. Buyer can also propose a new tentative map with a different layout. Town of Truckee targeted uses include retail, service, non-profit organization, recreation, research and development, food and beverage production-distribution, and green technology. Truckee-Tahoe Airport is a full-service airport for the booming destination ski resort communities around North Lake Tahoe and Truckee. Convenient, four-season access via Interstate 80 and Highway 267. Close to Lake Tahoe, Reno, and Sacramento. Development opportunities include: owner-user, leasehold opportunities, build-to-suit, commercial condo project, and investment.

Listed by Ron Hemig — Sierra Sotheby's Int - Rock

Listing Details

Status Pending
MLS # 20230898
Days on Market 1223

Property History

Jun 16, 2023
Listed for sale
$7,300,000
Current
Pending
$5,750,000
Property Overview
Lot Size 32.15 acres
Property Type Land
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 01962001/02/4
Exterior & Lot
Lot Features STREET
View Panoramic, Mountain(s), City
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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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Occupancy
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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

$34,127 per month
Principal & interest
$29,075/mo
Property taxes
$5,052/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Commercial property — needs a commercial policy, so no home insurance estimate.
Down payment
20% ($1,150,000)
Home price
$5,750,000
Loan details
30-yr fixed, 6.5%
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