$875,000 Active
215 Sinclair Street
Reno, NV 89501
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Prime Downtown Reno Mixed-Use Development Site - Contiguous 4-Parcel Assemblage Position your next project at the intersection of urban design and maximum utility. This strategic mixed-use development opportunity brings together four contiguous parcels (APNs: 011-173-18, 011-173-17, 011-173-01, and 011-173-02) within the highly walkable Sinclair and Pine Street corridor. Situated squarely within the Downtown Reno Business Improvement District, this footprint offers an elite development canvas. It is tailored for a forward-thinking builder looking to create a true destination—whether your vision calls for luxury multi-family housing over ground-floor boutique retail, pedestrian-focused townhomes, or flexible live-work urban spaces. To streamline your pre-development timeline, comprehensive conceptual design renderings are available upon request. These existing plan materials illustrate the site's layout potential, maximizing spatial volume and street-front interaction under Reno's highly favorable urban design guidelines. Located steps from the Truckee River, the Midtown District, and downtown's core employment centers, this unique land portfolio eliminates the friction of piecemeal land acquisition. Instead, it offers a clean, project-ready footprint poised to capture Reno's sustained demand for connected, urban living. Buyer and buyer's agent are advised to verify total combined acreage, specific utility capacities, and fallback mixed-use zoning requirements directly with the City of Reno planning division.

Listed by Nichole McDade — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260008011
Days on Market 1

Property History

Jun 22, 2026
Listed for sale
$875,000
Property Overview
Lot Size 0.38 acres
Property Type Land
Subdivision Ryland`S Addition
STR Jurisdiction Washoe County
APN 011-173-18
Exterior & Lot
Lot Features Corner Lot, Curbs, Sidewalks
View City
Financial
Annual Tax $4,764
Schools
Elementary School Booth
Middle School Vaughn
High School Wooster
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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% ($175,000)
Home price
$875,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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