$795,000
Active
06 Hwy 95A
Fernley, NV 89408
STR Status Unknown
About This Property
Where the wild horses roam! Several bands love this 657 acre parcel just 7 miles south of Fernley. Survey error in your favor! The original government survey was long, not short in this section creating 657 acres, not 640 as designed. Multi-zoning allows for subdivision, in the process of confirming current zoning as Lyon County has changed some of their zoning. Division into large parcels, 40 acre parcels, is possible regardless., This is fun high desert property just off of Highway 95A that is ideal for many forms of recreation. Access is over BLM land from 95A.
Listed by Jim Valentine — RE/MAX Realty Affiliates
Listing Details
Status
Active
MLS #
240012337
Days on Market
619
Property History
Sep 24, 2024
Listed for sale
$795,000
Property Overview
Lot Size
657.00 acres
Property Type
Land
APN
021-421-06
Exterior & Lot
Lot Features
Gentle Sloping, Level, Open Lot, Rolling Slope, Corners Marked, Desert
View
Desert, Mountain(s), Valley
Financial
Annual Tax
$444
Schools
Elementary School
Fernley
Middle School
Fernley
High School
Fernley
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% ($159,000)
Home price
$795,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
