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If you are looking for a prime location to start or expand your business, you may want to consider investing in an Opportunity Zone Area. Opportunity Zones are designated areas that offer tax benefits to investors who reinvest their capital gains in qualified projects within these zones. Some of the benefits include temporary deferral of taxes on previously earned capital gains, basis step-up of previously earned capital gains invested, and permanent exclusion of taxable income on new gains.One such Opportunity Zone Area is located in San Bernardino County, California. This area has a Commercial Use Zoned Lot for Business Park, with a corner of the lot on US HWY 395. Access is off Jonthan Rd, between Air Expy and Barlett makes this centrally located lot with EZ access ideal for your business. Per Cal Trans (2020) US 395 and Air Expy had approx. ADT of 20,800. Access to the parcel is via a recorded easement over an adjacent lot. As a business park zoned property, the opportunities can allow the following: Animal Shelter, Veterinarian Clinic/Hospital/Grooming/Short-term boarding, Day Care (adult/children), Educational Institution, Medical (P/T, Chiropractor, Clinic, Dental, Laboratory, Pharmacological), Church/Religious use, Auto service repair/car wash/repair/body shop/upholstery, Parking lot/storage, Cellular/communications Tower, Bakery/Catering Service kitchen, Health Club/Dance Studio, Professional Offices, Small item repair shop, Pest Control Business.By investing in this Opportunity Zone Area, you can take advantage of the tax incentives while also contributing to the economic development and job creation in a distressed community. This is a rare opportunity to combine social impact with financial returns.OPPORTUNITY ZONE Area. More information: https://selectsbcounty.com/major-initiatives/opportunity-zone.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 10/12/2024 | Community | Adelanto |
|---|---|---|---|
| County | San Bernardino |
Additional Details
| AREA | Adelanto |
|---|---|
| HOA DUES | 0 |
| LOT | 0.41 acre(s) |
| LOT DESCRIPTION | Level, Rectangular Lot |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | Business Park |
Location
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Listed with Gregg Cochran, Broker
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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