The subject property consists of 10.074 acres located in Tonopah, Arizona, approximately half a mile north of Salome Highway and just south of the Arizona Canal. The site is zoned for residential use and falls outside of any designated Flood Way. The surrounding area lacks development within several miles, which classifies this as speculative land. There is no confirmed legal access to the site.
The subject property consists of 10.074 acres located in Tonopah, Arizona, approximately half a mile north of Salome Highway and just south of the Arizona Canal. The site is zoned for residential use and falls outside of any designated Flood Way. The surrounding area lacks development within several miles, which classifies this as speculative land. There is no confirmed legal access to the site.
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.
