$108,000
$105,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
0.49 Acres Lot
SOLD DATE : 03/31/2021
Key Details
Sold Price $108,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219058209DA
Sold Date 03/31/21
HOA Y/N No
Lot Size 0.490 Acres
Property Description
Flat, Buildable Commercial Lot.Raw Land with all off-sites; Curb/Gutter/Sidewalk, Gas, Gas, Streets.In the Opportunity Zone/workforce development zone. Indio's Opportunity Zone offers opportunities for investors to defer capital gains taxes until 2026; reduce payment of deferred taxes by 10% if held for 5 years and another 5% if held for 7 years, for a total of 15%; and accrue tax-free capital gains if held for at least 10 years. The Zone has developable land and existing structures for industrial and manufacturing developments, housing, hospitality, commercial, retail, office and entertainment uses. Buyers are actively seeking properties within this zone.Easy Access to the I-10 Freeway. Zoned R-C-Regional Commercial with a 24'' water main in Jackson.
Location
State CA
County Riverside
Area 699 - Not Defined
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Phone Available
Building
Lot Description Corner Lot, Flat
Others
Senior Community No
Tax ID 611134015
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Rich La Rue • HomeSmart Professionals
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "