Description
(QOZ) 30+ acres of fertile agricultural land in Glenn County, located within a Qualified Opportunity Zone (QOZ). Opportunity Zones - "areas identified within their respective communities, that would be eligible for financial incentives. These areas allow investors to put capital to work, financing new projects and enterprise, in exchange for certain federal capital gains tax advantages." This parcel, is just outside the city limits with easy access to and from Interstate 5 (I-5). The soils are mainly Tehama & Cortina loam and nearly capable of growing anything, weather, temperature and soil permitting. Uses include, but may not be limited to, agricultural and residential (current zoning is R-1), with a subdivision potential. All information herein is deemed reliable. Buyer is strongly advised to verify all information to buyer's satisfaction.
School Ratings & Info
Description
(QOZ) 30+ acres of fertile agricultural land in Glenn County, located within a Qualified Opportunity Zone (QOZ). Opportunity Zones - "areas identified within their respective communities, that would be eligible for financial incentives. These areas allow investors to put capital to work, financing new projects and enterprise, in exchange for certain federal capital gains tax advantages." This parcel, is just outside the city limits with easy access to and from Interstate 5 (I-5). The soils are mainly Tehama & Cortina loam and nearly capable of growing anything, weather, temperature and soil permitting. Uses include, but may not be limited to, agricultural and residential (current zoning is R-1), with a subdivision potential. All information herein is deemed reliable. Buyer is strongly advised to verify all information to buyer's satisfaction.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.