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Golden Opportunity 136 Acre Parcel Within City Lim

136.75 Acres of Residential Land Offered at $2,916,878 CAD in Huron, SD 57350

Residential Land & Home Lots South Dakota Huron Golden Opportunity 136 Acre Parcel Within City Lim, Huron, SD 57350

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 $2,916,878 CAD 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 $2,916,878 CAD
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 $2,916,878 CAD Lot Size 136.75 AC
Price Per AC $21,330 CAD
Price $2,916,878 CAD
Price Per AC $21,330 CAD
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
(855) 384-5263

Contact

  • Listing ID: 31509799

  • Date on Market: 2024-04-15

  • 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
(855) 384-5263 x

Golden Opportunity 136 Acre Parcel Within City Lim

Mark Vellinga

(855) 384-5263

(855) 384-5263

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