Gila Bend-20 lots- Opportunity Zone
Land | 7,000 SqFt
Marketing description
20 Shovel Ready Residential Lots in Gila Bend, AZ. SWC E Stout St and St Louis Ave - Palo Verde Heights Property. Located in the Opportunity Zone with average lot size of +/- 7,000 SF.
Gila Bend is a small town in southwestern Arizona known as the "Crossroads of the Southwest". With a population of under 2,000, it has long been a transportation hub and is now an emerging leader in renewable energy. Located where the Gila River makes a prominent bend, the town is rich with Native American and pioneer history.
Adjacent to Gila Bend Elementary and High School, walking proximity to center of town. Close to the iconic and newly renovated Best Western Space Age Lodge. Near the Gila Bend Community Center Park. Close to the intersection of highway 85 and interstate 8.
Investment highlights
- APN: 402-12-040 through 061
- 20 fully entitled residential lots
- Zoning: R-1, ground up housing is allowed. Additionally, Palo Verde Heights has a Manufactured Home Overlay.
- Located in the Opportunity Zone.
- Low-income Tax Housing Tax Credit may be available.
- Floodplain: The property is located within the Maricopa County Flood Control District. (Finished floor elevations must be designed to meet all codes and ordinance requirements.)
- Parking: Must provide at least 2 parking spaces per lot.
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