LOCATION, LOCATION, LOCATION!! MAPLE FARMER ASH DISTRICT. This listing presents a unique opportunity to acquire one of two approved parcels from a lot split in the desirable Maple, Farmer, Ash District of Tempe. Each parcel offers significant potential for development or investment: - **Back Lot :** 4,613 sq ft $339,000 - **Front Lot:** 5,277 sq ft $389,000 The City of Tempe has approved the lot split, & final APN numbers are pending from Maricopa County by no later than EOY. Buyers have the option to purchase both lots at the listed prices, allowing for the possibility of merging them or keeping them separate. These prime lots are strategically located near Arizona State University, shops, restaurants, and other attractions, making them ideal for investment or personal use. The area shows strong growth potential, making this an attractive opportunity for buyers. All relevant documentation is available for review.
**Lot 1015 is being sold along with 1021, 1027, & 1031 S Farmer Ave Tempe, AZ 85281 - parcel numbers include: 124-70-001A, 124-70-001, 124-70-002, and 124-70-003** Extremely Rare Tempe Redevelopment Opportunity! ± 28,500 SF of Land Zoned R-3 (Tempe), allowing Medium Density Multifamily Development by right. Situated 0.2 miles from ASU Main Campus; this is one of the largest sites not spoken for in this prime submarket. Please reach out for additional information.
*Seller Financing Available* If you're seeking a prime real estate opportunity in Tempe, Arizona, look no further than these four vacant parcels located in the R-3 zoning district. Situated just five minutes from downtown Tempe, this land offers a rare chance to capitalize on the city's vibrant urban atmosphere while enjoying the tranquility of a residential neighborhood. Subdivided for the possibility of 3 detached properties and a common area. The R-3 zoning designation allows for both single family and multi-family developments. Whether you're a developer looking to build a new community or an investor seeking to capitalize on Tempe's growing housing market, these parcels offer endless potential in one of Arizona's most dynamic cities.
The median home value in Tempe, AZ is $426,900. This is lower than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Tempe, AZ is $426,900. Approximately 36.21% of Tempe homes are owned, compared to 55.27% rented, while 8.53% are vacant. Tempe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tempe real estate agent to arrange a tour today!
Tempe, Arizona 85281 has a population of 178,862. Tempe 85281 is less family-centric than the surrounding county with 24.95% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Tempe, Arizona 85281 is $64,080. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Tempe 85281 is 29.6 years.
The average high temperature in July is 104.1 degrees, with an average low temperature in January of 41.5 degrees. The average rainfall is approximately 9 inches per year, with 0 inches of snow per year.