1031 S Farmer Ave Lots 7 & -- #8 Tempe, AZ 85281
UPDATED:
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 7077345
HOA Y/N No
Annual Tax Amount $2,714
Tax Year 2025
Lot Size 7,125 Sqft
Acres 0.16
Lot Dimensions 142.5'x100'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
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
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 124-70-003
Acceptable Financing Cash, Conventional
Disclosures ALTA Survey Alba
Listing Terms Cash, Conventional
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