$579,000 $720,000 ↓ $141,000 reduced Active
1695 Marvel Way
Reno, NV 89502

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STR Status Unknown

About This Property

This unique, prime corner lot offers an incredible opportunity for multi-use development. Located at the intersection of Airway Drive and McCarran Boulevard, it benefits from high visibility and exposure to both major streets, making it ideal for commercial possibilities. The land's strategic location ensures easy access for customers or clients and is perfect for businesses seeking prominent signage and traffic flow., The versatility of the space, combined with its proximity to key roads, sets it apart as a rare commercial asset. Access the lot from both Tyrone and Marvel.

Listed by Sandra Valle — Ferrari-Lund R.E. Sparks

Listing Details

Status Active
MLS # 250001315
Days on Market 586

Property History

Sep 02, 2026
Listed for sale
$720,000
Sep 02, 2026
Relisted
$590,000
Sep 14, 2026
Price reduced
$579,000 $590,000 ↓ $11,000
Property Overview
Lot Size 0.74 acres
Property Type Land
Subdivision Home Gardens
APN 025-401-16
Exterior & Lot
Lot Features Corner Lot, Level
View Trees/Woods
Financial
Annual Tax $838
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
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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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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

$2,998 per month
Principal & interest
$2,928/mo
Property taxes
$70/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% ($115,800)
Home price
$579,000
Loan details
30-yr fixed, 6.5%
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