About This Home
This land at 1031 S Farmer Ave Lots 7 & #8 in Tempe, AZ is listed for $995,000 (0.16 acres).
Key Features
- 0.16 acre lot
Property Details
PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development.
Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.
Location
1031 S Farmer Ave Lots 7 & #8
Tempe, AZ 85281
FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
Questions & Answers
This 0-bedroom, 0-bathroom land at 1031 S Farmer Ave Lots 7 & is listed at $995,000. The estimated monthly payment is $5,321 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.16 acre lot.
This property is listed by Katherine R Ortmeier and can be reached at 7852155202.