0 Parkdale RD, Adelanto, CA 92301
Listed by Gregg Cochran, DRE #01135909 • SmokeTree Commercial
$1,398,880
Est. payment /mo
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40 Acres Lot
Active

0 Parkdale RD Adelanto, CA 92301

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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25175109

Lot Size 40.000 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

OPPORTUNITY, NEW MARKET TAX CREDIT AND RECYCLING ZONE AREA. INSTITUTIONAL FINANCING AVAILABLE. Water, Water, Water! Property sits atop the Oestre Aquifer. Per CSUF this is one of the largest aquifers in the state! Estimated at 2300 ACFT Yr. 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, New Market Tax Credit Zone and State Recycling Zone area. According to the IRS, Opportunity Zones are designated economically disadvantage communities that offer tax incentives to investors who reinvest their capital gains in Qualified Opportunity Funds (QOFs) which are used to purchase real estate in OZs for development in these areas. Some of the tax benefits may include: - Temporary deferral of taxes on previously earned capital gains which, was recently made permanent in the 2025 Tax Act. - Lowered investment requirements after acquisition of the asset(s). - Basis step-up of previously earned capital gains invested in QOFs for at least 5 years. - Permanent exclusion of taxable income on new gains from QOF investments held for at least 10 years. It is highly advised to align with the appropriate professionals on your team to understand and implement some or all of

Location

State CA

County San Bernardino

Area 699 - Not Defined

Zoning PRKG,DESB,DESF,LWS,LSR,LL

Exterior

View Hills, Local/Neighborhood, Other

Building

Lot Description Grade - Level

Water Other

Others

Tax ID 0457161170000

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

NEARBY SCHOOLS & PROPERTIES

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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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0 Parkdale RD