215 S Roosevelt Street, '-', Tempe, AZ 85281

$925,000
Property Type: Land Lot Size (sq. ft.): 23,522 Status: Closed
Current Price: $925,000 List Date: 3/01/2024 Last Modified: 5/19/2025

Description

Remarkable opportunity in Roosevelt Row to purchase half acre of prime land for redevelopment. There is a house on the land which could be a considered a tear-down or used by the developers as an office until ready for construction. Mill Ave. is a few blocks east and 1st Street is less than a block north. Close to light rail, downtown Mill Ave. freeways, Sky Harbor Airport and ASU.

More Information MLS# 6671306

Contract Information

Current Price: $925,000 Sold Price: $925,000 Status: Closed List Date: 2024-03-01 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 215 Compass: S Street Name: Roosevelt St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Country: US County Code: Maricopa Assessor Number: 124-32-045 Tax Year: 2023

General Property Description

Apx Total Acres: 0.54 Apx Total Acres G/N: G Price Per Acre: 2777777.78 # Lots in Listing: 1 # Units Allowed: 6 Apx SqFt: 23522 Price Per SqFt: 63.77 Apx SqFt G/N: G Lot Size Dimensions: 160x140 plus dogleg of 65x10 Irrigation District: Wilson Ditch Subdivi Horses: N Zoning: R-2 Flood Zone: No High School District: Tempe Union High School District

Remarks Misc

Cross Street: 5th Street and Roosevelt Directions: From Mill Ave., take 5th Street west to Roosevelt (4 blocks). Turn right (north). Property is on the east side of the street several blocks down. Geo Lat: 33.428229 Geo Lon: -111.946894

Status Change Info

Status Change Date: 2024-07-02 Off Market Date: 2024-04-17 Under Contract Date: 2024-04-14 Close of Escrow Date: 2024-07-01 Sold Price: $925,000

Legal Info

Township: 1N Range: 4E Section: 16 Lot Number: '-'

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: .50 - .99 Acres Current Density: 11 - 15 Units P/Acre Proposed Density: 11 - 15 Units P/Acre Development Status: Other Land Features: East/West Exposure Vegetation: Natural Vegetation Land Configuration: Irregular Shape Road Responsibility: City Maintained Road Traffic Count: Not Available Railroad: Available Topography: Level Existing Structures: Shed(s); Residence Water Source: City Franchise; Irrigation Pipe Sewer: Sewer - Public; Sewer - Available Electric: SRP Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; No Carry Use Restrictions: Airport Flight Zone Environmental: None Showing Notification Methods: No Notification Required to Show Lockbox Type: Supra Fencing: Chain Link
Listing Office: CG Properties, LLC
Last Updated: May - 19 - 2025
215 S Roosevelt Street, '-', Tempe, AZ 85281- MLS# 6671306
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