Trying to figure out the best way to put an offer together on this warehouse lot as a cash buyer to a bank owned warehouse portfolio.It is bank owned .9 acres of commercial land with 4 separate warehouses totaling just under 13,000 sq ft. in an opportunity zone. 400 feet away a $88 million dollar real estate project just got approved by the city as well. 

My question requires greater emphasis on the process rather than the figures.I have a completely paid off personal family residence home valued at $1 million.

The most visited city is probably Scottsdale, with a multitude of major yearly attractions all across town (Spring training, Phoenix open, Barrett Jackson, to name a few)Downtown Tempe is another good market, with a steady traveler pool because of Arizona State University (parents, students, relatives, visiting professors).

Having done tens of millions in loans. 

If you intend to sell the place several years down the road, rehab the lawn into something more attractive at that point.  

In that case, finding someone in Illinois would just be a bonus, not the main attraction.

The city had over 2 million residents at its peak, so there is still a lot of existing housing stock that could be improved.To reiterate, I am referring to the city and region as a whole. 

I know these tracts are attractive for developers focusing on LIHTC low income housing tax credit communities, but I'm curious if anyone knows if there are any advantages available for existing real estate for leasing out property located in a QCT?

The entrepreneurs were in the middle -- far enough away to make it challenging, yet close enough to have a good chance of winning.Wealth building seems to attract the misfits.

In a market with 13 million tourists and only 94k residents in the entire county.... it's nothing but VRs.