Description
Property is located in the NEW OPPORTUNITY ZONE. Opportunities that fit your investments goals. Offers a deal that could be too good to turn down. Roll over profits from sale of capital assets. Long term tax advantages. Potential of Tax free profits. Similar in some ways to 1031 like-kind exchange. Please check with your accountant or Tax person to see what your advantages could be. 2.5 Acres of land North of Adelanto and east of 395. Hwy 395 is major hwy corridor right through the middle of Adelanto, with major widening Expansions Set. Land is being purchased for the High Desert Corridor that will link the Antelope Valley and the Victor Valley with car and truck traffic along with rail link for both passenger and cargo as well as a bike path together, creating 1000's of jobs in the process. Cutting right through the heart of Adelanto with offramps planned for the city. The Southern Calif Logistic Airport located less than 5 miles away is experiencing construction growth. Access Type: Public Access # of RV Spaces: 0 Zoning Description: Residential 1 Lot Location Type: Standard Location Development Status: Raw Land Miscellaneous: Other Utility Adjc to Site: None # of Attached Spaces: 0 # of Detached Spaces: 0 # of RV Spaces: 0
School Ratings & Info
Description
Property is located in the NEW OPPORTUNITY ZONE. Opportunities that fit your investments goals. Offers a deal that could be too good to turn down. Roll over profits from sale of capital assets. Long term tax advantages. Potential of Tax free profits. Similar in some ways to 1031 like-kind exchange. Please check with your accountant or Tax person to see what your advantages could be. 2.5 Acres of land North of Adelanto and east of 395. Hwy 395 is major hwy corridor right through the middle of Adelanto, with major widening Expansions Set. Land is being purchased for the High Desert Corridor that will link the Antelope Valley and the Victor Valley with car and truck traffic along with rail link for both passenger and cargo as well as a bike path together, creating 1000's of jobs in the process. Cutting right through the heart of Adelanto with offramps planned for the city. The Southern Calif Logistic Airport located less than 5 miles away is experiencing construction growth. Access Type: Public Access # of RV Spaces: 0 Zoning Description: Residential 1 Lot Location Type: Standard Location Development Status: Raw Land Miscellaneous: Other Utility Adjc to Site: None # of Attached Spaces: 0 # of Detached Spaces: 0 # of RV Spaces: 0
Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-05T17:29:59.223. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.