$88,000 Active
5160 Esther Avenue
Silver Springs, NV 89429
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 1978

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

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% ($17,600)
Home price
$88,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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