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Courtesy of eXp Realty, Katherine R Ortmeier Listing Contact: 785-215-5202 
0 Baths

$495,000

1027 S FARMER Avenue 7, Tempe AZ, 85281

Price per sqft$69.47
Lot size0.16 Acres
Property typeLand

Overview

Active

Listed Sep 8, 2026

Updated 3 weeks ago

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL This parcel may be purchased individually or together with the adjacent parcel 124-70-003, offering the opportunity for a larger redevelopment site. See MLS #7077345 for the adjacent parcel. A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Opportunities of this scale and proximity to ASU are rare to find

Additional information

MLS® ID
7077357

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$2,714
Tax Frequency
Annually

Courtesy of eXp Realty, Katherine R Ortmeier

Listing Contact: 785-215-5202 

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Data Last Updated: 3:51 AM UTC, 9/16/2026.

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