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$604,095

Est. payment - /mo

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8,755 Sqft Lot

New

1201 S FARMER Avenue #1 Tempe, AZ 85281

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Tanya Hoffman

tanya@retsy.com +1(480) 710-6955

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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 6864241

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $2,677

Tax Year 2024

Lot Size 8,755 Sqft

Acres 0.2

Lot Dimensions IRR

Property Description

Seize a rare Urban Infill Opportunity in Tempe's sought-after Farmer Arts District w/ easy access to the Light rail & Tempe Streetcar it is a walkable, thriving neighborhood perfect for ASU Students. Close to Mill Ave, Tempe Town Lake, & ASU. This lot is ready to build & *fully entitled by the City of Tempe in Jan 2025 for a proposed 3-Story 4-plex residential apartment project. The 7,315 SF four-plex consists of 4-Three Bedroom Units or 12 bedrooms Total (See documents tab). Located near valley's most sought-after retailers, Residents will enjoy close access to an extensive selection of top retailers. The neighborhood offers a blend of vintage appeal & redevelopment flexibility. Surrounded by record-setting investment activity & continued urban growth, this location is ideal.

Location

State AZ

County Maricopa

Community Farmers Addition Blocks 1-2 & Part 3 & Lots 1-5

Zoning M-H

Direction West to Farmer, North to property

Building

Sewer Other

Water Other

New Construction No

Schools

Elementary Schools Getz School

Middle Schools Getz School

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-70-013-C

Acceptable Financing Cash, CTL, Conventional

Horse Property N

Listing Terms Cash, CTL, Conventional

Listed by LRA Real Estate Group, LLC