1201 S FARMER Avenue, 1, Tempe, AZ 85281
New Listing
$604,095
Property Type:
Land
Lot Size (sq. ft.):
8,755
Status:
Active
Current Price:
$604,095
List Date:
5/09/2025
Last Modified:
5/12/2025
Description
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.
More Information MLS# 6864241
Contract Information
Current Price: $604,095
List Price: $604,095
Status: Active
List Date: 2025-05-09
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 1201
Compass: S
Street Name: FARMER
St Suffix: Avenue
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5505
Country: US
County Code: Maricopa
Assessor Number: 124-70-013-C
Subdivision: FARMERS ADDITION BLOCKS 1-2 & PART 3 & LOTS 1-5
Tax Year: 2024
General Property Description
Apx Total Acres: 0.2
Apx Total Acres G/N: G
Price Per Acre: 3020475
Apx SqFt: 8755
Price Per SqFt: 69
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Horses: N
Zoning: M-H
Elementary School District: Tempe School District
High School District: Tempe Union High School District
Elementary School: Getz School
Jr. High School: Getz School
High School: Tempe High School
Remarks Misc
Cross Street: Mill and 13th St
Directions: West to Farmer, North to property
Geo Lat: 33.415979
Geo Lon: -111.94388
Status Change Info
Status Change Date: 2025-05-09
Legal Info
Township: 1N
Range: 4E
Section: 21
Lot Number: 1
Showing Notification Methods
Showing Service: No Showing Service Used
Contact Info
List Agent Home Phn: 602-451-3684
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family
Potential Use: Multi-Family
Parcel Size: .0 - .24 Acres
Water Source: Other
Sewer: Other
Electric: SRP
Gas: None
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: None
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; CTL; Conventional
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Listing Office: LRA Real Estate Group, LLC
Last Updated: May - 12 - 2025
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