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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$425,000

Est. payment - /mo

7,125 Sqft Lot

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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 7050834

HOA Y/N No

Annual Tax Amount $2,033

Tax Year 225

Lot Size 7,125 Sqft

Acres 0.16

Lot Dimensions 143' x 51'

Source Arizona Regional Multiple Listing Service (ARMLS)

Property 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.

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

View City

Topography Level

Private Pool No

Building

Sewer Public Sewer

Water Domestic Well

New Construction No

Schools

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-70-001-A

Acceptable Financing Owner May Carry, Cash, Seller Approve Terms, Conventional

Horse Property N

Disclosures None

Listing Terms Owner May Carry, Cash, Seller Approve Terms, Conventional

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Listed by Levrose Real Estate • Gunnar Sinnett

NEARBY SCHOOL & BUSINESS

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1015 S Farmer Avenue #5 Tempe, AZ 85281