This 2.5AC parcel of flat/level open space land is located in an Opportunity Zone area, which offers significant tax benefits for investors who reinvest their capital gains in qualified projects. According to the IRS, Opportunity Zones provide three main tax benefits: - Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the investment is sold or exchanged, whichever is earlier.- Step-up in basis for previously earned capital gains invested, which reduces the amount of taxable gain by 10% if held for at least 5 years and by 15% if held for at least 7 years.- Permanent exclusion of taxable income on new gains from the sale or exchange of the investment if held for at least 10 years.This parcel is ideal for investors who are looking for long-term returns and social impact. It is situated in the El Mirage Area, which has abundant natural resources and potential for economic development. The parcel sits atop the Oestre Aquifer, which can produce pristine water annually. It also has unobstructed views of the San Gabriel Mountains and is near the El Mirage Dry Lake. Moreover, it is close to a proposed site for a large biomass alternative fuel production facility, which could create jobs and revenue for the community.The parcel allows for various uses such as residential, agricultural, recreational, medical, alternative energy production and more. For more information on Opportunity Zones and their benefits, please visit https://selectsbcounty.com/major-initiatives/opportunity-zone.
20.64 acres divided into 4 parcels. "THE BEST DEAL IN TOWN". 19 water containers of 275glls of water. While water containers for 1,000 gls and 1,500 gls. Property has water well 90ft deep x 6ft, filled 100% tested sweet water. Well not functioning at this time but did work sometime not too long ago. Trailers with water pipe included. 10 SOLAR PANELS. One manufactured home with 2 bedrooms. Land is fertile and good to grow produce. This is a good investment for the future. This property has a lot of potential. Lot has a variety of Business opportunities. Re-Zoning for cultivating / planationzone areas. "SELLER IS VERY MOTIVATED AND WILL CONSIDER AND OPEN TO REVIEWING ALL OFFERS.!!! SELLER FINANCING AVAILABLE!! with a big down payment. 4% interest until paid . COME VIEW AND MAKE AN OFFER TODAY !! BEATIFULL LOT FOR SALE !!!.
2.08 ACRE LOT! Seller is selling Three parcels of land to build your home or several homes. APN:0457-393-04 has 2.01 acres, APN: 0457-392-03 has 2.30 acres and APN: 0457-392-01 has 2.08 acres. Parcel 3 & 4 are adjoining lots are located on the corner of Chamisal St and Markham Street. Parcel 1 is at the corner of Lawrence Road & Markham St. A Manufactured home at 1167 Markham St divides the 3 parcels. Owner can sell the lots separately or together. It's a perfect location to build your home or manufactured home in this growing community in San Bernardino County. Excellent location.
2.3 ACRE LOT! Seller is selling Three parcels of land to build your home or several homes. APN:0457-393-04 has 2.01 acres, APN: 0457-392-03 has 2.30 acres and APN: 0457-392-01 has 2.08 acres. Parcel 3 & 4 are adjoining lots are located on the corner of Chamisal St and Markham Street. Parcel 1 is at the corner of Lawrence Road & Markham St. A Manufactured home at 1167 Markham St divides the 3 parcels. Owner can sell the lots separately or together. It's a perfect location to build your home or manufactured home in this growing community in San Bernardino County. Excellent location.
OPPORTUNITY ZONE Area. More information: https://selectsbcounty.com/major-initiatives/opportunity-zone. If you are looking for a lucrative investment opportunity with significant tax benefits, you may want to consider this 40 AC parcel located in an Opportunity Zone area. According to the IRS, Opportunity Zones are economically distressed communities that offer tax incentives to investors who reinvest their capital gains in Qualified Opportunity Funds (QOFs) that invest in these areas. Some of the tax benefits include:- Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the QOF investment is sold or exchanged, whichever is earlier .- Basis step-up of previously earned capital gains invested in QOFs for at least 5 years (10% increase) or 7 years (15% increase).- Permanent exclusion of taxable income on new gains from QOF investments held for at least 10 years.This parcel has many attractive features that make it a prime candidate for development and growth. It is square in shape and flat, making it easy to build on. It has water rights and 50% mineral rights, which are valuable assets that run with the land. It lies along the southern edge of the approved High Desert Corridor (HDC), a 50-mile expressway that will connect Palmdale and Apple Valley with eight vehicle traffic lanes and two high-speed rail lanes. The northern portion of the parcel is adjacent to an on/off ramp site and a train stop for passengers, which will increase accessibility and traffic flow. The HDC project is expected to boost economic activity, create jobs, and enhance mobility in the region. The site also sits atop 2000+ acre feet of water (annually producing per CSUF Study), which is a scarce and precious resource in California. Electricity and natural gas lines are nearby, providing essential utilities for development.This is a rare opportunity to invest in a property with immense potential upside growth and tax advantages. Don't miss this chance to be part of an innovative community development program that aims to revitalize distressed areas and create long-term value for investors.