The offering is located in the epicenter of existing and new commercial development at the lighted intersection of S. Walnut Avenue & E. Veterans Dr, contiguous to The Shoppes at Eagle Pointe. The property is zoned CR and is intended for medium to large-scale commercial development of a predominantly regional nature. Property offers 6.57+/- acres of vacant land and has a recent (2018) clean phase one report, survey, soils report and topographic survey. The parcel is located within a Qualified Opportunity Zone (QOZ). QOZs can provide investors an opportunity to defer and potentially reduce tax on recognized capital gains. The property is situated in an area of National, Regional and local retailers, restaurants and hotels and provides quick access to Interstate 40 being less than 1 mile to I-40 at Exit 287. The combined traffic counts in the immediate area exceed 38,000 vehicles per day. Road frontage along S. Walnut is approximately 554' & approximately 490' along E.Veterans.
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