Assisted Living Develpment

2625 Rocky Ridge Lane Vestavia Hills, AL 35216

FOR SALE
Property Type:
Other Land
Amount:
$1,200,000
Last Verified:
Mar 29, 2019

Highlights

  • Two Different Roads for Access
  • Zoned Residential
  • Easily Zoned for Commercial
  • Central Location

Description

4 Acres of Land prime for development

7 Acres of Land

Lot Size: 4.0 acres

Map of 2625 Rocky Ridge Lane, Vestavia Hills, AL, 35216

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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.