SW Cor Corcoran and Kern St
Avenal, CA 93204
Land For Sale · 74.09 AC

Avenal is located in the middle of northern and southern California, the fourth largest city in Kings County, and is the main north-south traffic route. Because of the development of solar power generation, there is a 1,000-acre solar panel field nearby. The Avenal government is very supportive of development. The city and state governments have various taxation and development policies to stimulate economic prosperity. At the beginning, the government stated that it can develop commercial and residential restaurants, hotels and gas stations. The seller and the city government have negotiated many times. The local government Willing to assist in the development, there are nursing homes, gas stations, shops, pharmacies, tax-preferential housing and large-scale residential apartment construction, etc. envisaged. The land is located in the Opportunity Zone, with Capital Gain tax deferred and tax-free policies, so it has a high potential for tax savings. In addition, the local government gives a loan discount of US$70,000 to qualified buyers, which is a great opportunity for investors or builders to buy at a low price. The Subject property can be purchased all 4 Parcels together for $1,500,000 or purchase separately into 2 individuals, 25.49 Acres lot for $516,062 or 48.6 Acres for the price of $983,938.