Tommy Dobczyk pitches a $30 million real estate development in Buckeye, Arizona using Opportunity Zone tax benefits. He points to fast-growing local businesses like Jackrabbit Java Hut, Mod Pizza, and Boot Barn as proof the market is ready for growth.
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The proposed value of the property after we're done is gonna be above north of $30 million. We want to do it in an opportunity zone area, of course, but these are some examples of brand new businesses that popped up and became successes overnight. The Jackrabbit Java Hut is better than Starbucks. Expect them to buy them right now. So they've only been open since 2022 and Starbucks is gonna buy them. Because they put like a shame on Starbucks. $9 coffee. Anyway, Mod Pizza. If you haven't had a Mod Pizza, figure it out. Go get one. 2022 again, and then the Boot Barn in 2022 all went in the Buckeye area. We're looking at Buckeye, Waddell as our areas right now, Tonopah. So, but this case study was built on a Buckeye, Buckeye MSA, and people love to build in Buckeye. So it's going to be easy to, easy to do. The operational plan for it was set up where we would obtain and maintain a QOF status on the project so that way we could set it up to fit into a Qualified Opportunity Fund after we get it built.
