For Sale Lot / Land MLS# 7077357

1027 S FARMER Avenue 7

Tempe, AZ 85281

$495,000

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Listing Office

Officearizona-regional-mls-rsd logoeXp Realty
AgentKatherine R Ortmeier
Phone888-897-7821

About 1027 S FARMER Avenue 7

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL This parcel may be purchased individually or together with the adjacent parcel 124-70-003, offering the opportunity for a larger redevelopment site. See MLS #7077345 for the adjacent parcel.

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, 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. Opportunities of this scale and proximity to ASU are rare to find

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
0.16
Original price
$495,000
MLS #
7077357

Exterior & lot

Lot
R-3, 12470002

Schools

District
Tempe School District

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,714
Tax year
2025
Parcel
12470002

Location

Subdivision
FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
County
Maricopa
Neighborhood
Wilson Art & Garden
Community
Maricopa, Arizona Regional Multiple Listing Service 2, Tempe Union High School District

Location

Neighborhood
Wilson Art & Garden
Subdivision
FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
School district
Tempe School District

Interested in this home?

Questions on 1027 S FARMER Avenue 7, Tempe, AZ 85281, or want to see it in person?

The Anderson Team · (480) 900-9140

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