$540,000
Active
0 WIGWAM Way
Reno, NV 89506
STR Status Unknown
About This Property
SUBDIVIDE this lot for a promising return on investment! With LDS zoning, one unit per acre is permitted, and there's potential for a zoning change to allow additional units. Additional structures such as Accessory dwelling units, guest homes and tiny homes, are allowed in the residential areas of unincorporated Washoe County. The application and process for a zoning change administrative review can be found online. The property is also zoned for horses! Utilities nearby. Buyers and buyers agent are should
Listed by Jennifer Colley — LPT Realty, LLC
Listing Details
Status
Active
MLS #
240015169
Days on Market
544
Property History
Dec 08, 2024
Listed for sale
$540,000
Property Overview
Lot Size
21.96 acres
Property Type
Land
APN
552-060-13
Exterior & Lot
Lot Features
Open Lot
View
Desert, Mountain(s), Valley
Financial
Annual Tax
$1,677
Schools
Elementary School
Smith, Alice
Middle School
OBrien
High School
North Valleys
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% ($108,000)
Home price
$540,000
Loan details
30-yr fixed, 6.5%
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