$5,750,000 Pending
11467 Brockway Road
Truckee, CA 96161
⚠ 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 1088
Sold Date 2026-07-01

Property History

Jun 13, 2023
Listed for sale
$5,750,000
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 019-620-01/02/4
Exterior & Lot
Lot Features Level,Gentle
View Panoramic,Mountain,City
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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 ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 11467 Brockway Road, Truckee

Est. Annual Revenue
$186,264
Avg Nightly Rate
$1592
Projected Occupancy
32.0%
Cap Rate
1.3%
Structural Score: 43 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

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% ($1,150,000)
Home price
$5,750,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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