Description
The Van Buren corridor from 7th St to Interstate 10 is currently a toppriority at the City of Phoenix as a revitalization project (street wideningand beautification, moratorium on car dealerships/automotive repair shops)to enhance the overall area .One of the largest vacant land parcels available in the downtown Phoenixmarket, with all utilities to the property and all off sites completed.Site has great access to Interstate 10 via interchanges at 16th St andWashington St / Jefferson St.The property is located with in an ''Opportunity Zone'' which offersinvestors who reinvest capital gains monies in these areas to receivereductions on capital gains taxes relative to the years of their investment.
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0BEDS
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5.32ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
The Van Buren corridor from 7th St to Interstate 10 is currently a toppriority at the City of Phoenix as a revitalization project (street wideningand beautification, moratorium on car dealerships/automotive repair shops)to enhance the overall area .One of the largest vacant land parcels available in the downtown Phoenixmarket, with all utilities to the property and all off sites completed.Site has great access to Interstate 10 via interchanges at 16th St andWashington St / Jefferson St.The property is located with in an ''Opportunity Zone'' which offersinvestors who reinvest capital gains monies in these areas to receivereductions on capital gains taxes relative to the years of their investment.
© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Service First Realty. Data last updated 2021-01-19T23:12:04.243.