$650,000 Active
552 3rd Street
Eureka, NV 89316
STR Status Unknown

About This Property

Rare opportunity in Diamond Valley! Situated on 2.43 level, elevated acres, this versatile property offers an impressive 50' x 80' (4,000 sq. ft.) shop along with substantial infrastructure already in place. The shop was built to spec with engineered drawings and features electric roll-up doors, abundant interior lighting, power, and a hydraulic vehicle lift. The property is equipped with a substantial 400-amp electrical service, providing plenty of capacity for shop, residential, or future development needs. Infrastructure includes two separate water meters, one residential and one commercial, along with water lines on site and an installed septic system serving the shop. The shop is also pre-plumbed for future interior office space and/or a bathroom, and stuctural foundation providing flexibility for the next owner. With the utilities and improvements already in place, there are numerous possibilities, continue using it as a spacious shop, explore converting the building into a barndominium-style residence, or potentially build a home alongside the shop while enjoying the acreage. The property offers flat, usable ground that is elevated out of the flood zone, beautiful views of the surrounding mountains, Diamond Valley, and nearby farmland, while still being conveniently located close to Eureka and in-town amenities. This unique property offers acreage, major utility infrastructure, an exceptional shop, and plenty of room for your next vision!

Listed by Veronica Tognoni — Fathom Realty

Listing Details

Status Active
MLS # 260010841

Property History

Aug 21, 2026
Listed for sale
$650,000
Property Overview
Lot Size 2.43 acres
Property Type Land
APN 007-396-27
Exterior & Lot
Lot Features Level
View Desert, Mountain(s), Rural, Valley
Financial
Annual Tax $1,041
Schools
Elementary School Out of Area
Middle School Out Of Area
High School Out Of Area
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

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% ($130,000)
Home price
$650,000
Loan details
30-yr fixed, 6.5%
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