$200,000 Active
200 Raymond Road
Lovelock, NV 89419
STR Status Unknown

About This Property

This 12.99 acres is located in the Upper Valley area of Lovelock, less than two miles northeast of the city limits. Zoned LDS (Low Density Suburban), which has a 2.5 acre lot size minimum. Adjacent property was previously divided into lots of under an acre, which may indicate higher density could be possible on this property. Just south of the Humboldt River to the north. North end of property slopes down toward the river and has lots of native trees and vegetation., 12.99 AC RESIDENTIAL LAND W/SUBDIVISION POTENTIAL This 12.99 acres is located in the Upper Valley area of Lovelock, less than two miles northeast of the city limits. Zoned LDS (Low Density Suburban), which has a 2.5 acre lot size minimum. Adjacent property was previously divided into lots of under an acre, which may indicate higher density could be possible on this property. Just south of the Humboldt River to the north, and the Rogers Canal crosses through the southern portion of the property. Shallow groundwater table thanks to both of these water bodies in immediate proximity. Plant trees, tend a garden, dig a hole and make a pond? Lots of options here. North end of property slopes down toward the river and has lots of native trees and vegetation. Electric lines are on the property and the municipal water line is stubbed out near the property boundary. Septic required to build; sewer lines too far away to connect. Property has been surveyed with corners marked. Various historic roads/driveways exist to/on the property. Located in Lovelock, Nevada. Lovelock is located about 1.25 hours east of Reno, along the I-80 corridor between Fernley and Winnemucca. Development and employment activity has been increasing in recent years in Lovelock, as the seeds for one of Nevada's next boom towns are sowed. As population levels increase this may become very valuable property. Pershing County APN 007-281-19 GPS 40.195902, -118.445977

Listed by Robert Kennerson — Desert Acreage

Listing Details

Status Active
MLS # 240011902
Days on Market 626

Property History

Sep 17, 2024
Listed for sale
$200,000
Property Overview
Lot Size 12.99 acres
Property Type Land
APN 007-281-19
Exterior & Lot
Lot Features Gentle Sloping, Level, Open Lot, Sloped Down, Steep Slope, Wooded, Corners Marked, Desert
View Desert, Mountain(s), Trees/Woods
Financial
Annual Tax $313
Schools
Elementary School Lovelock
Middle School Pershing
High School Pershing
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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% ($40,000)
Home price
$200,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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