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Street View
$995,000
Monthly Est:$4,952
-- Bed
-- Bath
0.16acre lot
1031 S Farmer Ave Lots 7 & #8, Tempe, AZ 85281
$995,000
$4,952/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
0.16 acre lot
$6,218,750/acre
Description
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 su...
- Houzeo last checked: 8 minutes ago
- Listing updated: September 8, 2026 at 9:04 pm
- Listing Provided by: Katherine R Ortmeier (785) 215-5202 , Ari Jakobov (602) 500-9874 | eXp Realty (888) 897-7821
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7077345
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
7077345
MLS Status
Active
Days on Market
9
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Electric
Aps
Water Source
City Franchise
Other Features
Subdivision Name
Farmers Addition Blocks 1 2 Part 3 Lots 1 5
Disclosures
Alta Survey Alba
Price History
| Date | Event | Price |
|---|---|---|
09/08/2026 Source: | Listed for Sale | $995,000 $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Sep 19, 2026, 02:45AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
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