OPPORTUNITY ZONE, NEW MARKET TAX CREDIT AND RECYCLING ZONE Area. 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 economically distressed communities that offer tax incentives to investors who reinvest their capital gains in Qualified Opportunity Funds (QOFs) that invest in these areas. Some of the tax benefits include: - Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the QOF investment is sold or exchanged, whichever is earlier. - Basis step-up of previously earned capital gains invested in QOFs for at least 5 years (10% increase) or 7 years (15% increase). - Permanent exclusion of taxable income on new gains from QOF investments held for at least 10 years. New Market Tax Credit Zones offer dollar-for-dollar credits towards taxable income during the first 7-yrs of operation on tiered amount up to a maximum of 39% of taxes due. It is highly advised to align with the appropriate professionals on your team to understand and implement some or all of these opportunities to maximize your investment and ROI, (None of the above statements are to be considered as tax advice, only information to assist with making a determination if the subject property acquisition would fit your criteria). This parcel has many attractive features that make it a prime candidate for development and growth. It is square in shape and flat, making it easy to build on. It has 50% water rights and 50% mineral rights, which are valuable assets that run with the land. It lies within the approved High Desert Corridor (HDC), a 50-mile expressway that will connect Palmdale and Apple Valley with eight vehicle traffic lane which has proposed on-ramp/off-ramp on to Sheep Creek Rd. The HDC project is expected to boost economic activity, create jobs, and enhance mobility in the region. This site is also approximately 47 miles southwest from the approved BIG (Barstow International Gateway) 4600 AC intermodal BNSF yard to be constructed in the near future. This is a rare opportunity to invest in a property with immense potential upside growth and tax advantages. Don't miss this chance to be part of an innovative community development program that aims to revitalize and create long-term value for investors.

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.