$70,000 $100,000 ↓ $30,000 reduced Active

200 Water Street

Elko, NV 89801

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STR Status Unknown

About This Property

Light Industrial opportunity in Elko, Nevada! This parcel has already been improved with grading and gravel, and a SWPPP (Stormwater Pollution Prevention Plan) has been completed, providing added value for future development. Located in an established industrial area, 200 Water Street offers excellent potential for investment or future development. Seller also owns the adjacent parcels at 220 and 240 Water Street and prefers to sell all three together but will consider offers on individual parcels. Buyer to independently verify zoning, permitted uses, utilities, access, and development requirements with the City of Elko. Agent Disclosure: Agent Related to Seller

Listed by Victoria Torres — Coldwell Banker Excel

Listing Details

Status Active

MLS # 260008638

Days on Market 108

Property History

Jul 07, 2026

Listed for sale

$100,000

Oct 01, 2026

Price reduced

$70,000 $100,000 ↓ $30,000

Property Overview

Lot Size 0.28 acres

Property Type Land

APN 001-390-002

Exterior & Lot

Lot Features Level

Financial

Annual Tax $648

Schools

Elementary School Elko Grammar School 2

Middle School Adobe Middle School

High School Elko High School

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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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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$408 per month

Principal & interest

$354/mo

Property taxes

$54/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% ($14,000)

Home price

$70,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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