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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Farmers Addition Blocks 1-2 Part 3 Lots 1-5
MLS Listing ID 7077357
HOA Y/N No
Annual Tax Amount $2,714
Tax Year 2025
Lot Size 7,125 Sqft
Acres 0.16
Lot Dimensions 142.5'x50'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This parcel may be purchased individually or together with the adjacent parcel 124-70-003, offering the opportunity for a larger redevelopment site. See MLS #7077345 for the adjacent parcel.
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, 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. Opportunities of this scale and proximity to ASU are rare to find
Location
State AZ
County Maricopa
Community Farmers Addition Blocks 1-2 Part 3 Lots 1-5
Area Maricopa
Zoning R-3
Interior
Flooring Flooring
Exterior
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Tempe Union High School District
Others
Senior Community No
Tax ID 124-70-002
Acceptable Financing Cash, Conventional
Disclosures ALTA Survey Alba
Listing Terms Cash, Conventional
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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