Census tract 310, Elmore County, AL: Opportunity Zone

Census tract 310 in Elmore County, Alabama (GEOID 01051031000, 2010 boundaries) was designated a Qualified Opportunity Zone in 2018. That designation runs through December 31, 2028. It is on the IRS list of zones made up entirely of rural areas, where the substantial improvement threshold is 50%.

Is it still an Opportunity Zone in 2027?

Not yet known. 1 of the overlapping 2020 tracts is eligible for the 2027 round, but no official Alabama nomination list naming it was published as of Oct 30, 2026.

What it means for property bought here

Under Notice 2026-40, property bought after December 31, 2026 for use in a 2018 zone generally cannot be Opportunity Zone business property unless the area is designated again or a transition exception applies: a working capital plan adopted by December 31, 2026 with at least 10% of the planned cash received and 5% spent, or ordinary-course replacement of existing property. Property acquired before the zone expires can keep counting as zone property through December 31, 2047. Because this is a rural zone, the substantial improvement test needs additions above 50% of the building's basis instead of 100% (effective July 4, 2025). See the transition rules.

What overlaps it in the 2027 round

Census redrew tract lines in 2020, and the 2027 round uses 2020 tracts. These 2020 tracts overlap this 2018 zone (share of the 2020 tract's land inside it):

Elmore County

Elmore County had 2 Opportunity Zones in 2018 and has 3 census tracts eligible for the 2027 round.

• Tract 01051031300

Check an exact street address with the Opportunity Zone lookup, which places it in both its 2010 and 2020 tract. See all Alabama Opportunity Zones.