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Aggressive development area AND in an OPPORTUNITY ZONE! R3 rezone recently approved. City supported rezone. Land ready to develop. Potential 100+\- units. Strong Demand for housing created, in part, by PSNS billion dollar upgrade. Opportunity Zone investments presents the investor/developer substantial tax benefits & deferred tax obligations. Great location, EZ access to Hwy 16, downtown PO and the ferry to Bremerton & Seattle. Buyer needs to do its due diligence to determine the great potential this property has for the price.
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