Olam Gin

Property Description

37+ acres of prime development land located on a Maricopa County island within the rapidly growing City of Buckeye. Property has one on-site well and a septic system in place. City of Buckeye water line runs along the southern boundary with City of Buckeye sewer located .25 miles east. Property is zoned Maricopa County RU-43 (Rural) and is in a designated Opportunity Zone which was created under the Tax Cuts and Jobs Act. The Opportunity Zone allows investors to receive a reduction on capital gains taxes relative to the length of time the investment is held. The City of Buckeye General Plan 2040 designates the property as Neighborhood which is more generally described as areas that have a broader range of residential development. The property includes 14,432 SF Metal I-beam barn, 5,280 SF pole barn with metal siding, 2,232 SF slump block office, 1,736 SF Metal utility barn and 1 manufactured home. Property is currently utilized as Valencia Cotton Gin. EQUIPMENT IS NOT INCLUDED. Property includes 2 APN numbers 504-40-010A & 504-40-011A for a total of 37.83 Deeded Acres.