$110,000 Active
5025 Tamarack Street
Silver Springs, NV 89429
STR Status Unknown

About This Property

Great Corner Lot! This prime commercial property is the closest lot to the Silver Spring Boat Launch at Lake Lahontan and just a stone's throw from the State Park entrance. With 4.66 acres of land, it's a fantastic location for boat/rv storage, or any business you envision. Buyer and Buyer’s Agent are responsible for due diligence. Don’t miss this opportunity with endless possibilities! Drive by and take a look!

Listed by Savannah Beauchemin — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 240009641
Days on Market 678

Property History

Jul 27, 2024
Listed for sale
$110,000
Property Overview
Lot Size 4.66 acres
Property Type Land
Subdivision Steel Parcels
APN 017-103-06
Exterior & Lot
Lot Features Corner Lot, Level
View Desert, Mountain(s)
Financial
Annual Tax $293
Schools
Elementary School Silver Springs
Middle School Silver Springs
High School Silver Springs
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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% ($22,000)
Home price
$110,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207