$699,000 Active
APN 01676228 Geiger Grade Road
Reno, NV 89521
STR Status Unknown

About This Property

Residential 40-acre vacant lot for sale along Geiger Grade Road in Reno, Nevada. Panoramic, unobstructed views. West-facing high desert natural landscape. Adjacent lot 16.14-acres also for sale. Together, make these 56 acres yours today! Seller financing available. Discount available in pricing with offer for both lots.

Listed by Jay-Dee Woolf — Hello Real Estate Center

Listing Details

Status Active
MLS # 250004295
Days on Market 427

Property History

Apr 04, 2025
Listed for sale
$699,000
Property Overview
Lot Size 40.00 acres
Property Type Land
APN 016-762-28
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Gentle Sloping, Level, Open Lot, Rolling Slope, Sloped Down, Sloped Up, Steep Slope, Cleared, Corners Marked, Desert
View Desert, Mountain(s), Trees/Woods, Valley
Financial
Annual Tax $247
Schools
Elementary School Brown
Middle School Depoali
High School Damonte
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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% ($139,800)
Home price
$699,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373