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$425,000
-- Bed
-- Bath
0.16acre lot
1015 S Farmer Ave #5, Tempe, AZ 85281
$425,000
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Land
Built in -
$-- HOA
0.16 acre lot
$2,656,250/acre
Description
This offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University's Main Campus, positioned squarely in the heart of Tempe's most active residential corridor. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment, entertainment, transit, and the Mill Avenue District.
- Houzeo last checked: 2 hours ago
- Listing updated: July 7, 2026 at 5:35 pm
- Listing Provided by: Gunnar Sinnett (314) 651-0322 | Levrose Real Estate (480) 947-0600
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7050834
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7050834
MLS Status
Active
Days on Market
49
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
