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Contact CRE Tuscon

Let's Get Started on Finding Your Tucson Commercial Real Estate Property For Lease or Investment

COMMERCIAL REAL ESTATE GROUP TUCSON

422 N. Norris Ave
Tucson, AZ 85719

(520) 299-3400

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Opportunity Zones

Arizona Commerical Spaces by Market

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Opportunity Zones (O-Zones)

CREG Tucson has deep, up-to-date information on opportunity zones, or O-Zones. These are designated areas that attract investment through a federal tax incentive program

How the Tax Credit Works

  • An investor takes capital gains and invests it in a property that qualifies under the O-Zone rule.
  • The tax on that reinvested capital gains is reduced by up to 15%. The tax is deferred until 2026.
  • Capital gain from the O-Zone investment is not taxed.

O-Zone Designations

  • The Tucson metropolitan area has O-Zone designations in 27 census tracts, including large areas of undeveloped land earmarked for commercial development
  • They allow investors to reduce the amount of their reinvested taxable capital gains by 10% or 15%, depending on the length of the investment
  • Business owners operating within an O-Zone might qualify to set up their own fund to invest in their assets

Read my articles about O-Zones for an introduction. Then contact me.

I can help you:

  • Find opportunities for you to build, lease or buy Tucson commercial real estate in O-Zones
  • Guide you to O-Zone investment funds
  • Introduce you to fund managers and other professionals
  • Help you set up an equity fund for growth capital in existing O-Zone property

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