$44,500
$59,500
↓ $15,000 reduced
Active
00 Gas Line Road
Fernley, NV 89408
STR Status Unknown
About This Property
Endless possibilities with this 40-acre property located just 3/4 of a mile off Highway 95. Bordering BLM land, this property offers space, privacy, and beautiful views of the Virginia Range Mountains. Looking for a rural Nevada escape, recreational property, homesite, or long-term investment? This could be your opportunity. Approximately 30 minutes to the USA Parkway complex, 45 minutes to the Reno area, and just over an hour to Lake Tahoe. Buyer to verify access, utilities, zoning, and permitted uses. NE and NW corners marked by survey markers.
Listed by Tammy Dittman — Silver Sage Realty Pros Inc.
Listing Details
Status
Active
MLS #
260009440
Days on Market
59
Property History
Jul 23, 2026
Listed for sale
$59,500
Aug 06, 2026
Price reduced
$49,900
$59,500
↓
$9,600
Aug 18, 2026
Price reduced
$49,000
$49,900
↓
$900
Sep 12, 2026
Price reduced
$44,500
$49,000
↓
$4,500
Property Overview
Lot Size
40.00 acres
Property Type
Land
APN
021-441-54
Exterior & Lot
Lot Features
Adjoins BLM/BIA Land, Corner Lot, Corners Marked
View
Desert, Mountain(s), Rural, Valley
Financial
Annual Tax
$147
Schools
Elementary School
Fernley
Middle School
Fernley
High School
Fernley
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($8,900)
Home price
$44,500
Loan details
30-yr fixed, 6.5%
