$475,000
Active
7135 Reno Highway
Fallon, NV 89406
STR Status Unknown
About This Property
Commercial Property right on the highway to Las Vegas 24 hour Traffic goes right in front of this property Perfect location for your business, Ingress and Egress off Reno Hwy exists Commercial Well, Septic, Electric, Sign all on the property. This is the Old Drive in Theater property. Take a look at this property, we are happy to show you around the property. More photos to come., Right off Hwy 50 alt. No warranty on utilities, documents coming from NDOT and Well & Septic information. (no warranties) Large sign on the property, can't miss it. Seller is Listing Agent, along with other owners
Listed by Leslie Beach — RE/MAX Connection
Listing Details
Status
Active
MLS #
160003103
Days on Market
3738
Property History
Mar 11, 2016
Listed for sale
$475,000
Property Overview
Lot Size
6.52 acres
Property Type
Land
APN
007-251-57
Exterior & Lot
Lot Features
Level, Corners Marked
View
Mountain(s)
Financial
Annual Tax
$625
Schools
Elementary School
Lahontan
Middle School
Churchill
High School
Churchill
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% ($95,000)
Home price
$475,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
