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Courtesy of eXp Realty, Katherine R Ortmeier Listing Contact: 785-215-5202

For Sale

1031 S Farmer Ave Lots 7 & 8

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

$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.

7,125 Sq.Ft. lot

Ari Jakobov

title Founder | Licensed Real Estate Professional
PHONE (602) 500-9874
EMAIL [email protected]
DRE # SA699624000

Features & Amenities

Area & Lot

Status For Sale
Lot Area7,125 Sq.Ft.
MLS® ID7077345
TypeLand
NeighborhoodPhoenix
School DistrictTempe Union High School District

Exterior

water SourceCity Franchise
sewerPublic Sewer

Financial

Sales Price$995,000
Real Estate Tax $2,714/yr
Zoning R-3

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Contact Details

The Jakobov Group

Phone

(602) 500-9874

[email protected]

Address

6991 E Camelback Rd Ste D300 Scottsdale AZ 85251

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