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242 AC North Shore Overlooks Salton Sea

242 AC S Parkside Dr, NS Aerial Web
South of Parkside Drive - North Shore, CA

FEATURES

  • Great location adjacent to Salton Sea State Recreation area & Visitor center
  • Ideal for solar farm
  • Gorgeous views overlooking the Salton Sea and Santa Rosa Mountains
  • Salton Sea is currently undergoing restoration efforts. Visit saltonseaauthority.org for more info

ASKING PRICE: $725,000 ($2,995/AC)

VICINITY MAP

242 AC S Parkside Dr, NS Zoomed Aerial Map Web

Amenities

  • Location: The property is located off of Hwy 111 on the south side of Parkside Drive in North Shore, CA.
  • Zoning: W-2 (Controlled Development Areas)
  • General Plan: RD – Rural Desert
  • Current Use: Vacant Desert Land
  • Elevation: -10 to -1200 feet
  • Fault Zone: Yes
  • Parcel Size: 242 acres
  • APN: 735-120-001; 735-090-002
  • Utilities: Electric & water on Parkside Dr.
  • Multi-Species: No
  • Terms: Cash
  • Adjacent Uses: Salton Sea Recreational area & residential
    subdivision
  • Comments: Salton Sea State Recreational Area covers 14 miles of shoreline and popular site for campers, boating, & bird watching.

topo map

OPPORTUNITY ZONE

Why is investing in an Opportunity Zone better than a 1031 Exchange?

Temporary Deferral:
Similar to a 1031 Exchange.

Step-up in Basis: After 5 years capital gains basis is increased by 10% and by an additional 5% if held for at least 7 years, thereby excluding up to 15% of the original gain from taxation. Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income

Permanent Exclusion: After 10 years the capital gains are permanently excluded from taxable income.

For More Information click the button below.

Attatchments
Disclaimer

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property. ref: 09/15/21 #2340 JC

Contact
Susan Harvey profile photo

Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590

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Ranked #1 in the Coachella Valley for Commercial Real Estate

Paula Turner profile photo

Paula Turner, Broker
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492