$1,356,000 Active
0 Jamestown Avenue
Lovelock, NV 89419
STR Status Unknown

About This Property

Two adjacent, undeveloped acreage parcels on Jamestown Ave and 6th St within the city limits of Lovelock, NV 89419. Total land area of 13.56+- acres. Surrounding properties are developed--this is an infill project. Water, sewer, natural gas, electric, and phone are present along adjacent street(s) and available for connection. Fencing along some lot lines. Lovely westward views of mountains and sunsets across agricultural fields. 50+ lots appear possible based on current single family residential zoning., DEVELOPER PROJECT: INFILL ACREAGE IN CITY FOR RESIDENTIAL SUBDIVISION Two adjacent, undeveloped acreage parcels on Jamestown Ave and 6th St within the city limits of Lovelock, NV 89419. Total land area of 13.56+- acres. Surrounding properties are developed--this is an infill project. Water, sewer, natural gas, electric, and phone are present along adjacent street(s) and available for connection. Fencing along some lot lines. Lovely westward views of mountains and sunsets across agricultural fields. This is the largest undeveloped acreage property within the City of Lovelock. City is in need of and receptive to new housing. 50+ lots appear possible based on current single family residential zoning. Higher density or alternative uses may be possible with a zoning change. Seller will not separate the parcels; must be purchased together. Pershing County APN's 001-081-36 and 001-241-09 GPS 40.178169, -118.484406 Directions: I-80 exit 106, go west on Main St, left on Dartmouth Ave, right on 6th St. Property will be on your right, beginning approximately across the street from Rose Way, continuing to the end of the street at Jamestown Ave, and continuing approximately 1000 feet northward on Jamestown Ave to the first existing house.

Listed by Robert Kennerson — Desert Acreage

Listing Details

Status Active
MLS # 230003481
Days on Market 1144

Property History

Apr 18, 2023
Listed for sale
$1,356,000
Property Overview
Lot Size 13.56 acres
Property Type Land
APN 001-081-36
Exterior & Lot
Lot Features Level, Corners Marked
View Mountain(s)
Financial
Annual Tax $2,007
Schools
Elementary School Lovelock
Middle School Pershing
High School Pershing
📊

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% ($271,200)
Home price
$1,356,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

Send a Message

Or call directly: 530.613.5207