For Sale Lot / Land MLS# 7089803

306 S HARDY Drive 25

Tempe, AZ 85281

$1,499,000

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Listing Office

Officearizona-regional-mls-rsd logoLevrose Real Estate
AgentGunnar Sinnett

About 306 S HARDY Drive 25

LevRose Commercial Real Estate is pleased to present 306 & 310 S Hardy Dr, a ±0.61-acre (±26,697 SF) multifamily development opportunity in the heart of Tempe. The offering comprises two contiguous R-3-zoned parcels, one-half mile from ASU's Main Campus and approximately one mile from the $1.8 billion South Pier development at Tempe Town Lake. A conceptual site plan by Tomecak Design supports 12 townhomes for student housing, capitalizing on ASU's deep and persistently undersupplied off-campus housing demand. With medium-density zoning in place and ongoing redevelopment along the Hardy corridor, the site offers a rare opportunity to develop in one of the Valley's most supply-constrained infill submarkets without entitlement risk.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
0.61
Original price
$1,499,000
MLS #
7089803

Exterior & lot

Features
Residence
Lot
R-3, 12429075K, Level

Schools

District
Tempe School District
High
Tempe High School

Utilities

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

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,698
Tax year
2026
Parcel
12429075K

Location

Subdivision
STATE PLAT 12 AM
County
Maricopa
Neighborhood
Sunset
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Tempe Union High School District

Location

Neighborhood
Sunset
Subdivision
STATE PLAT 12 AM
School district
Tempe School District

Interested in this home?

Questions on 306 S HARDY Drive 25, Tempe, AZ 85281, or want to see it in person?

The Anderson Team · (480) 900-9140

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