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Lot/land
  • $604,095

    1201 S Farmer Ave LOT 1, Tempe, AZ 85281

    --beds
    --baths
    8,755Square Feet
    Land
    Built in ----
    8,755 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Vintage appealRedevelopment flexibility
    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.
    92 days
    on Zillow
    |
    167
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 12, 2025 at 03:44pm

    Listed by:

    Don T Mortensen 602-451-3684,

    LRA Real Estate Group, LLC

    Source: ARMLS,MLS#: 6864241MLS Logo

    Travel times

    Facts & features

    Property

    Lot
    • Size: 8,755 Square Feet
    Details
    • Parcel number: 12470013C
    • Zoning: M-H

    Utilities & green energy

    • Electric: SRP
    • Sewer: Other
    • Water: Other

    Community & HOA

    Community
    • Subdivision: FARMERS ADDITION BLOCKS 1-2 & PART 3 & LOTS 1-5
    HOA
    • Has HOA: No
    Location
    • Region: Tempe

    Financial & listing details

    • Annual tax amount: $2,677
    • Date on market: 5/9/2025
    • Listing terms: Cash,CTL,Conventional
    • Electric utility on property: Yes
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