Located in a designated Opportunity Zone (OZ), this property presents a compelling investment opportunity with significant tax advantages. OZs, established under the 2017 Tax Cuts and Jobs Act, offer incentives such as deferred capital gains taxes until 2026 or upon sale, and the potential for tax-free appreciation if held for 10 years or more. This area is positioned for revitalization and offers strong potential for residential developmentāideal for investors seeking long-term growth while contributing to community improvement. Consult your accountant or a qualified tax advisor to understand how these benefits may apply to you.