Prime Vernon Development Opportunity

Address May Be Disclosed Upon Execution of NDA Vernon, CA 90058

Property Type:
Last Verified:
Jul 05, 2017


Opportunity to develop almost 700,000 sq ft of land in prime Vernon location.

Prime Vernon area close to DTLA

Year Built: 1960
Building Size: 200000.0sq ft
Lot Size: 0.02 acres

Map of Address May Be Disclosed Upon Execution of NDA, Vernon, CA, 90058


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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.