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Ashley Pickens
REALTOR®, Associate Broker

1031 S Farmer Ave Lots 7 &, Lot #8, Tempe, AZ 85281

$995,000
  • 1031 S Farmer Ave Lots 7 &, Lot #8, Tempe, AZ 85281 Main Photo

4 Photos

New to the Market Active
LOT SIZE 0.164 acres MLS#7077345
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONFARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5 SCHOOLTempe Union High School District

Property Description

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIALA rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valleys most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development.Whether youre an investor or developer looking to capitalize on the areas strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.

1031 S Farmer Ave Lots 7 &, Unit 8 | MLS# 7077345

This land located at 1031 S Farmer Ave Lots 7 &, Unit 8, Tempe, AZ 85281 is currently listed for sale with an asking price of $995,000. The property has approximately 0.16 Acres. S Farmer Ave Lots 7 &, Unit 8 is located within the Tempe Union High School District school district. Search Tempe real estate on ashley.arizonabest.com today.

Property Features

Property Type: Land - Residential
Lot Size: 0.16 Acres
Taxes: $2,714

Feature Descriptions

Water: City Franchise

Local Schools

School District: Tempe Union High School District

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 888-897-7821

Shown By

Agent Name: Ashley Pickens
Agent Phone: (480) 948-4711
Agency Title: Arizona Best Real Estate

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Estimate Your Payment

Estimated Payment

$ 2,730.81 per month $2,214.44 Principal & Interest $226.17 Property Tax $290.21 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/13/2026. The listing information on this page last changed on 09/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 09/13/2026 12:20:42 AM EST) or ARMLS (last updated Sat 09/12/2026 11:06:30 PM EST). Real estate listings held by brokerage firms other than Arizona Best Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.


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