$520,000 $640,000 ↓ $120,000 reduced Active

2590 Nowlin Road

Minden, NV 89423

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STR Status Unknown

About This Property

This desirable level 2.50 acre parcel is zoned for light industrial use and is centrally located between Minden and Gardnerville, just off Johnson Lane near the Minden-Tahoe Airport making it ideal for a variety of business or development opportunities. Enjoy mountain and valley views while benefiting from easy access to HWY 395 and nearby amenities. A short drive to beautiful Lake Tahoe and about a 50 minute drive to downtown Reno. Many possibilities for an owner/user or investor. Check with Douglas County Community Development to ensure intended use is allowed. The adjacent parcel (corner lot) 2596 Nowlin Road (APN 1320-05-001-009) is also for sale and could be part of a package transaction. Many possibilities for an owner/user or investor.

Listed by Crystal Jackson — CalNeva Realty

Listing Details

Status Active

MLS # 250052667

Days on Market 472

Property History

Jul 07, 2025

Listed for sale

$640,000

Jul 15, 2026

Price reduced

$520,000 $590,000 ↓ $70,000

Property Overview

Lot Size 2.50 acres

Property Type Land

APN 1320-05-001-010

Exterior & Lot

Lot Features Level

View Mountain(s), Valley

Financial

Annual Tax $1,581

Schools

Elementary School Pinon Hills

Middle School Carson Valley

High School Douglas

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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

$2,761 per month

Principal & interest

$2,629/mo

Property taxes

$132/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% ($104,000)

Home price

$520,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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