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Kino Drive - Ten Pond Lot 3E

3.26 Acres of Industrial Land Offered at $195,000 in Sierra Vista, AZ 85635

Investment Highlights

  • Utilities to be provide to site
  • Good access
  • In Opportunity Zone

Executive Summary

This 3.26 Acre site is located to the immediate east of the Central Arizona Block Company yard. The site is zoned Light Industrial and is located in the Opportunity Zone offering; 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. Utilities are within immediate proximity to the site and the property is priced to sell at $1.37/sf.

Property Facts

Price $195,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 3.26 AC
Cross Streets Highway 90 and Kino
Opportunity Zone Yes

1 Lot Available

Lot 003E

Price $195,000
Price Per AC $59,816
Lot Size 3.26 AC

3.26 Acres in the Opportunity Zone.

Description

This 3.26 Acre site is located to the immediate east of the Central Arizona Block Company yard. The site is zoned Light Industrial and is located in the Opportunity Zone offering; 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. Utilities are within immediate proximity to the site and the property is priced to sell at $1.37/sf

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
107-23-003E
Land Assessment
$3,258
Improvements Assessment
$0
Total Assessment
$3,258

zoning

Zoning Code LI (Light Industrial)
LI (Light Industrial)
  • Listing ID: 25761986

  • Date on Market: 5/23/2022

  • Last Updated:

  • Address: Kino Drive, Sierra Vista, AZ 85635

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