22.94-acres Opportunity Zone Land - Rock Springs Road - Chimney Rock - NC - 28756 - MarketPier

22.94-acres Opportunity Zone Land

Rock Springs Road - Chimney Rock, NC 28756
$160,000
Listing Description

This 22.94-acre property is located minutes from Lake Lure and close to the Tryon International Equestrian Center. With ingress and egress on two sides, and very buildable rolling topography; this property is ideal for large tract residential development. This property is in a designated Opportunity Zone. OZ’s were created by the Tax Cuts and Jobs Act of 2017 and encourage investors to buy and improve properties in certain areas of the market. In exchange, investors receive massive tax benefits that can eliminate capital gains taxes on those reinvested funds.

Listing Information
APN/Parcel ID
P77-14
Type
Land
Lot Size
23 sqft
Listing Date
5/8/2019
Days Active
11
Last Updated
5/8/2019
File Attachments
Listing Provided By
Kevin Jennings
Phoenix Commercial, LLC

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Kevin Jennings
Listing Agent
PhoenixCommercialLLC@gmail.com
MarketPier
Buyer Agent
dhaas@haasdevelopment.com
858-215-4245