$88,000 Active

5160 Esther Avenue

Silver Springs, NV 89429

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STR Status Unknown

About This Property

1 Acre Commercial-C1 on higher ground with very slight down slope if driving from the west towards Silver Springs. Commercial land in Booming Silver Springs within 5 minutes to USA Pkwy 439 then another 25 minutes to the growing Reno Tahoe Industrial Center. Esther Ave. is one block South of a paved US 50 frontage road that parallels US 50 East--meaning your business could have store brand visibility. Store frontage would have Southern exposure. Located between Shirlee and Micro Way., Buyers to do their own diligence regarding utility hook ups and fees.

Listed by Carol Toohey — Century 21 Americana

Listing Details

Status Active

MLS # 210000150

Days on Market 2117

Property History

Jan 04, 2021

Listed for sale

$88,000

Property Overview

Lot Size 1.10 acres

Property Type Land

Subdivision Hollywood Hills Ph 1

APN 018-462-12

Exterior & Lot

Lot Features Gentle Sloping, Level, Open Lot, Desert

View City, Desert, Mountain(s), Valley

Financial

Annual Tax $109

Schools

Elementary School Silver Springs

Middle School Silver Stage (Lyon)

High School Silver Springs

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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

$454 per month

Principal & interest

$445/mo

Property taxes

$9/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% ($17,600)

Home price

$88,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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