$299,000 Active
609 Sheehan Street
Winnemucca, NV 89445
STR Status Unknown

About This Property

Prime 0.66 Acre Commercial Lot - Corner Location, Centrally Located. This 0.66 acre commercially zoned parcel offers an exceptional opportunity for a destination retail business or development project. Ideally situated in a central location within town, this corner lot provides maximum visibility and easy access for customers. The property boasts full utility access, including water, sewer, power, natural gas, and high-speed internet/cell service., With a paved road, curb, gutter, and sidewalk fronting the property, it's development-ready and well-suited for retail, office, or other commercial ventures. Don't miss this rare opportunity to secure a highly visible, versatile lot in a growing community.

Listed by Michael Andrews — RE/MAX Great Basin Realty

Listing Details

Status Active
MLS # 240012902
Days on Market 607

Property History

Oct 06, 2024
Listed for sale
$299,000
Property Overview
Lot Size 0.66 acres
Property Type Land
Subdivision Hanson Add
APN 15-0383-08
Exterior & Lot
Lot Features Corner Lot, Gentle Sloping, Sloped Up, Curbs, Sidewalks
Financial
Annual Tax $1,329
Schools
Elementary School Winnemucca Grammar
Middle School French Ford Middle School
High School Albert Lowry High School
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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% ($59,800)
Home price
$299,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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