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Golden Opportunity 136 Acre Parcel Within City Lim

136.75 Acres of Residential Land Offered at £1,606,744 in Huron, SD 57350

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Investment Highlights

Opportunity zone.

Executive Summary

This property is surrounded by developed land, the price is right, and needs to be developed for a shortage of residential homes in this growing community. It is located in an opportunity zone which allows the purchaser to defer capital gains tax treatment from both passive and portfolio income sources with the possibility of having those taxes excluded altogether while at the same time creating value from this endeavor.

Property Facts

Price	£1,606,744	Property Subtype	Residential
Sale Type	Investment	Total Lot Size	136.75 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	£1,606,744
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	136.75 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	£1,606,744	Lot Size	136.75 AC
Price Per AC	£11,749

Price	£1,606,744
Price Per AC	£11,749
Lot Size	136.75 AC

Description

The topography of the land demonstrates adequate drainage, with a water amenity and superb access for residents who are looking for affordable housing in a growing area of the City. Are you interested in Land Banking for a period of time where your investment dollars are at work elsewhere and need to find a tax shelter opportunity in the near future? Affordable housing is a gigantic need in most areas, this is a tremendous location, especially when there is a pressing need. City utilities are close at hand, access is undeniable, and recreational amenities would be a welcome addition to this new neighborhood.

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zoning

Zoning Code	Residential Development
Residential Development

Listing ID: 31509799
Date on Market: 15/04/2024
Last Updated:
Address: Golden Opportunity 136 Acre Parcel Within City Lim, Huron, SD 57350

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Golden Opportunity 136 Acre Parcel Within City Lim, Huron, SD for sale Building Photo- Image 1 of 2 — Building Photo

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