$850,000 Active
Red Rock 19.82 Acres
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

19.82 Acres Vacant Land. Zoned (GR) This land runs parallel to I-395 N. You can access the property from Red Rock Road .60 of a mile North from Highway 395 mile marker 78 off ramp, Turn West (L) and take the dirt road South. Buyers and Buyers agent to perform their own due diligence. No documents on file.

Listed by Frank Picone — RE/MAX Gold

Listing Details

Status Active
MLS # 240014019
Days on Market 794

Property History

Apr 02, 2024
Listed for sale
$850,000
Property Overview
Lot Size 19.82 acres
Property Type Land
STR Jurisdiction Washoe County
APN 087-350-20
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Open Lot, Sloped Down, Sloped Up, Steep Slope
View Mountain(s), Peek
Financial
Annual Tax $211
Schools
Elementary School Silver Lake
Middle School Cold Springs
High School North Valleys
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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% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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