40 AC - Parkdale Rd, El Mirage, CA.

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. 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 50% water rights and mineral rights, which are valuable assets that run with the land. It lies along the southern edge of the approved (not yet constructed) High Desert Corridor (HDC), a 50-mile expressway that will connect Palmdale and Apple Valley with eight vehicle traffic lanes. 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 (Oestre Aquafer) 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. Adjacent to this property is a 154AC parcel recently approved for biodiesel production site as well as composting for fertilizer sales. Within a 1/2 a new 20AC solar field has been installed and is in operation. The opportunity to buy and get ahead of the path of progress is here at this parcel.