$892,500 Active Under Contract
3815 Glen Street
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Attention Developers & Investors! Rare 1.03-acre ME-zoned parcel just minutes from Reno-Tahoe International Airport—ideal for light industrial, service commercial, contractor yard, or flex-use development. Located just two lots from a 14,750± SF office/flex building now under construction, this property offers clear upside and a strong redevelopment trajectory. Long-held by the same family for decades, this property is ready for its next chapter and highest & best use. Optional 1973 Viking (63x24) manufactured home, titled personal property but taxed as part of land, to convey, along with multiple outbuildings. Private well and septic currently in use along with leased propane. City water and sewer available nearby but not connected (buyer to verify connection feasibility). Excellent access to major arterials, commercial services, employment nodes. Property to be sold strictly "as is"—an exceptional opportunity for redevelopment or long-term hold in a fast-evolving commercial/industrial pocket of Reno.

Listed by Marian Huish — EXP Realty

Listing Details

Status Active Under Contract
MLS # 250058646
Days on Market 188

Property History

Nov 29, 2025
Listed for sale
$892,500
Current
Pending
$892,500
Property Overview
Lot Size 1.03 acres
Property Type Land
Subdivision Rewana 2
STR Jurisdiction Washoe County
APN 025-241-04
Exterior & Lot
Lot Features Corner Lot
View Mountain(s)
Financial
Annual Tax $2,360
Schools
Elementary School Smithridge
Middle School Pine
High School Wooster
📊

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% ($178,500)
Home price
$892,500
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373