Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.
Sold for $350,000 on 03/03/25
$350,000
48 W Thomas Ln #1, Tempe, AZ 85281
--beds
--baths
6,957Square Feet
Land
Built in ----
6,957 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: 23 hours ago
Listed by:
Trina Jonas 480-744-1580,
Real Broker
Bought with:
Leonard Behie, SA646088000
AZ Brokerage Holdings, LLC
Source: ARMLS,MLS#: 6803583

Facts & features
Property
Features
- Fencing: Chain Link
Lot
- Size: 6,957 sqft
- Dimensions: 62.5 x 125
- Features: Corner Lot, North/South Exp
- Topography: Level
- Residential vegetation: Natural Vegetation
Details
- Additional structures: None
- Parcel number: 13318022B
- Zoning: R-2
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Location
- Region: Tempe
- Subdivision: College View
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt