1031 S Farmer Ave Lots 7 & 8

$995,000
1031 S Farmer Ave Lots 7 & 8, Tempe, AZ 85281
1031 S Farmer Ave Lots 7 & 8

1031 S Farmer Ave Lots 7 & 8

$995,000

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.

Features & Amenities

Exterior

Water Source City Franchise
Sewer Public Sewer

Area & Lot

Status For Sale
LOT SIZE 7,125 Sq.Ft.
MLS® ID 7077345
Type Land
Neighborhood Tempe
School District Tempe Union High School District

Financial

SALES PRICE $995,000
REAL ESTATE TAXES $2,714/yr
Zoning R-3
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 1031 S Farmer Ave Lots 7 & 8, Tempe, AZ 85281. We are reviewing your request and will be in touch shortly!

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