1031 S Farmer Ave Lots 7 & -- (unit 8), Tempe, AZ

$995,000

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0.16

Acres

About 1031 S Farmer Ave Lots 7 & -- (unit 8)

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 of 1031 S Farmer Ave Lots 7 & -- (unit 8)

MLS® # 7077345
Price $995,000
Acres 0.16
Type Land
Status Active

Community Information

Address 1031 S Farmer Ave Lots 7 & -- (unit 8)
Subdivision FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
City Tempe
County Maricopa
State AZ
Zip Code 85281

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Tempe Union High School District

Additional Information

Zoning R-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty

Listing Map

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