0 Parkdale Road, Adelanto, CA 92301
Local realty services provided by:ERA Excel Realty
0 Parkdale Road,Adelanto, CA 92301
$1,398,880
- 40 Acres
- Lots / Land
- Active
Listed by: gregg cochran949-667-0322
Office: smoketree commercial
MLS#:OC25175109
Source:CAREIL
Price summary
- Price:$1,398,880
About this home
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...
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Home facts
- Listing ID #:OC25175109
- Added:238 day(s) ago
- Updated:March 31, 2026 at 04:23 PM
Structure and exterior
- Lot area:40 Acres
- Lot Features:Level
Finances and disclosures
- Price:$1,398,880
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