$1,995,000 Active
0 Simons Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
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About This Property

Highly Visible and accessable. Prime parcel is ready for development. Adjacent to Robb Drive. One block north is Mae Ann Drive is the major cross Street. Interstate--80 on/off ramps 5 minutes away. Del Webb Somersett Golf Course and development Just west of parcel. Adjoins Raley's 1stclass Shopping Center-- McQueen Crossing. Vacant 1.44 Acres, MF14 with available easement directly adjacent to the center. D.R. Horton currently developing quality homes one block away. Utilities available with ample traffic and increasing population. First time on the market. Located in close proximity to a major NW Reno Post Office. 2nd lot across the street on Simons/Robb is also available for sale or long-term lease. Call for details.

Listed by Marti Allison — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 250052102
Days on Market 345

Property History

Jun 25, 2025
Listed for sale
$1,995,000
Property Overview
Lot Size 1.44 acres
Property Type Land
Subdivision Sierra Highlands 7
STR Jurisdiction Washoe County
APN 202-052-02
Exterior & Lot
Lot Features Corner Lot, Level, Curbs
View City, Meadow, Mountain(s), Trees/Woods, Valley
Financial
Annual Tax $5,090
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
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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% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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