Description
My Mom is selling two parcels next to one another that total 25.31 acres right along I-68 just below the Fuel city on ramp headed west. The 5.86 acre has a Metal building that was once used to service large trucks. With excellent exposure to the interstate the property has been used for Heavy Truck sales, Modular Home sales and most recently was the site of Tri-State Trench and Bore Business. This property isin a Federal Opportunity Zone (see: http://www.gcedonline.com/strategic-advantages/opportunity-zones). Federal Opportunity Zone incentives are designed to encourage long-term, private investments in low-income census tracts by providing a federal tax incentive for taxpayers who reinvest unrealized capital gains into Opportunity Zones. The incentive is deferral, reduction, and potential elimination of certain federal capital gains taxes.
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 27th February, 2021 11:49 AM
