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1201 S Farmer Avenue #1, 
Tempe, AZ 85281

$604,095


Bed


Bath


-

Sq Ft


0.20

Acres (Lot)


Land

Active

Listed by

Don T Mortensen

Lra Real Estate Group, LLC.

480-526-5644

Last updated:

May 22, 2025, 02:59 PM

MLS#

6864241

Source:

ARMLS

About This Land

1201 S Farmer Avenue #1

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.20

MLS #:

6864241

Last Updated:

May 22, 2025, 02:59 PM


Finances & Disclosures

Finances

Price:

$604,095

Source:ARMLS
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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