Here’s An Opinion On:
Invest in Arizona Land for Sale and Make the Most of the Area\’s Industrial Development
by
Jack Bosch
Maricopa County economy has always stood strong, based on the tourism and manufacturing industries. Many industrial businesses invest in Arizona land for sale to further development. Some of the products manufactured by companies here include electronic equipment, aircraft parts, radios, agricultural chemicals, Native American crafts, leather goods and air-conditioning equipment.
Maricopa County Industries
A vital part of Maricopa\’s economy is the tourism industry that thrives here with over ten million visitors coming to enjoy the sunshine and warm weather. Aptly named the Valley of the Sun, Phoenix Arizona is known for its resorts.
An airport in Phoenix is seeking to expand operations in keeping with the increasing traffic. Flights from here operate to over 17 international cities and 89 locations in the country. Maricopa County has one of the fastest growing economies predominantly due to the phenomenal population boom. Real estate figures in this county show that there is great demand for vacant land for sale.
Maricopa County Economy
The county\’s economy today is multi-dimensional with a focus on service and technology industries. At least 77% of the total employees in Maricopa County are employed in the business services and tourism sectors. Sectors such as banking and financial services are also seeing a massive growth with many leading banks and financial services making this county their home. A fair share of manufacturing jobs is supported by industries like aerospace and high technology.
Real Estate in Maricopa County
Real estate is thriving in this area as investors wishing to take advantage of the thriving economy here look for lucrative Arizona land for sale.
Another aspect that has spurred real estate growth here is the great value incentive programs offered for existing and new companies by the local, state and federal government. These include income tax credit for every new job created in this area for companies that establish base within 100 square miles of Phoenix Enterprise Zone.
State and Federal Incentives for Businesses
State of Arizona also offers industries and businesses a favourable tax structure. Businesses do not need to pay property tax on their inventories and are also exempt from corporate franchise tax. All these benefits make Maricopa County an ideal industrial and business establishment destination. Spurring industrial and economic growth, all these factors have also made investing in real estate a lucrative opportunity here.
Realtors in this county are busy identifying vacant land for sale for investors from across the globe. There has been a spurt in residential as well as industrial land sales and this positive trend is all set to stay for a long time to come.
Copyright (c) 2013 Jack Bosch
SunnyLand.com
has been offering premium pieces of real estate for up to 75% below market value since 2002. Director of Sunny Land, Jack Bosch, has completed over 3,100 transactions in this time, and has established himself as the premier expert in discounted real estate in the southwest. For more details visit
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