1015 S Farmer Avenue Unit 5, Tempe, AZ 85281

$425,000

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Listing courtesy of Levrose Real Estate.

List Price
$425,000
Status
ACTIVE
Days on Market
65
MLS#
7050834
Subtype
Land
Lot Size
7,125
Acres
0.16
Subdivision
Farmers Addition Blocks 1-2 Part 3 Lots 1-5

Property Description

This offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University's Main Campus, positioned squarely in the heart of Tempe's most active residential corridor. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment, entertainment, transit, and the Mill Avenue District.

Additional Information

Taxes
$2,033
Zoning
R-3
View
City

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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