SOLD
4308 N Pine Hills Rd
Recently Renovated Daycare
RKommercial Group is proud to present this great opportunity for anyone looking to open or operate their own daycare. Property has been recently renovated in 2019 and fully approved for daycare use.
Moreover, this property sits in an opportunity zone, which creates even more added value, for any investor looking to reap the benefits of opportunity zone incentives which includes benefits, such as:
1) Temporary deferral of taxes on previously earned capital gains. Investors can place existing assets with accumulated capital gains into Opportunity Funds. Those existing capital gains are not taxed until the end of 2026 or when the asset is disposed of.
2) Basis step-up of previously earned capital gains invested. For capital gains placed in Opportunity Funds for at least 5 years, investors’ basis on the original investment increases by 10 percent. If invested for at least 7 years, investors’ basis on the original investment increases by 15 percent.
3) Permanent exclusion of taxable income on new gains. For investments held for at least 10 years, investors pay no taxes on any capital gains produced through their investment in Opportunity Funds (the investment vehicle that invests in Opportunity Zones).
Please Contact for NEW Asking price
ACCEPTING ALL OFFERS
Highlights include:
- Very attractive price point
- Located in an Opportunity Zone
- Brand new HVAC
- Renovated in 2019
- Fully permitted for Daycare use
- Total area: 2,946 SF
- Direct frontage to N Pine Hills with 40,500 vehicles per day
- Located off a busy intersection across from 7-11 and Walgreens
Contact Richard Kurban for additional information
Tel: 407-800-1009
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