$170,000 Active
0 Airport Road
Lovelock, NV 89419
STR Status Unknown

About This Property

40.79 acres of land for development between Airport Road and Reservoir Road in Lovelock, NV 89419. Zoned high density suburban (HDS). Build your house on it or divide it up into residential lots. HDS zoning in Pershing County has a minimum lot size of 10,000 SF and a maximum density of 4 homes per acre. Municipal water main runs along the west edge of the property. Three phase power available nearby. Recorded road and utility easements to the property. Panoramic mountain views including the Lovelock "L"., 41 ACRES WITH HIGH DENSITY ZONING 40.79 acres of land for development between Airport Road and Reservoir Road in Lovelock, NV 89419. Zoned high density suburban (HDS). Build your house on it or divide it up into residential lots. HDS zoning in Pershing County has a minimum lot size of 10,000 SF and a maximum density of 4 homes per acre. Buyer to do their own due diligence to confirm the property's development potential. Municipal water main runs along the west edge of the property. Three phase power available nearby. Recorded road and utility easements to the property from both the north and south. Panoramic views of mountains to the west, including the famed Lovelock "L". APN 007-601-10 in Pershing County Directions: I-80 exit 106, go west on Main St, turn right at the stoplight onto Cornell Ave. Continue straight for 2.3 miles on Cornell Ave, which becomes Airport Road along the way. Turn left just after the cattle guard, and continue north on the dirt road for 0.2 miles, at which point the property will be on your right. GPS 40.189992, -118.438117

Listed by Robert Kennerson — Desert Acreage

Listing Details

Status Active
MLS # 230008602
Days on Market 1042

Property History

Jul 29, 2023
Listed for sale
$170,000
Property Overview
Lot Size 40.79 acres
Property Type Land
APN 007-601-10
Exterior & Lot
Lot Features Gentle Sloping, Open Lot, Corners Marked, Desert
View Desert, Mountain(s)
Financial
Annual Tax $428
Schools
Elementary School Lovelock
Middle School Pershing
High School Pershing
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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%

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% ($34,000)
Home price
$170,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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