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1015 S Farmer Avenue , #5

Tempe, AZ 85281
  • $425,000
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 7050834
UPDATED: 42 min ago
$425,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

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.

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2026-09-14T19:13:22.223.
www.sell48.com/homes/178530123
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1015 S Farmer Avenue , #5 Tempe, AZ 85281

  • Price: $425,000
  • Status: Active
  • On Site: 68 Days
  • Updated: 42 min ago
  • MLS #: 7050834
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Farmers Addition Blocks 1-2 Part 3 Lots 1-5
County:
Maricopa
Area:
Tempe
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.
Exterior Features

Fencing [] Horse Amenities [] Horse YN No Lot Features [] Other Structures None Road Responsibility [] Road Surface Type AsphaltCurb(s) & Gutter(s)Sidewalk(s) Topography Level Vegetation [] View City

Property Features

Association YN No Auction No Disclosures None Flood Zone No Listing Terms Owner May CarryCashSeller Approve TermsConventional Possible Use Single FamilyMulti-Family Sewer Public Sewer Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 2033.6 Tax Other Annual Assessment Amount 0 Tax Year 225 Water Source Domestic Well Zoning R-3

Arizona Regional MLS logo Listing provided by Levrose Real Estate: .


Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2026-09-14T19:13:22.223.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251