1878 E Southern Avenue Unit #-, Tempe, AZ 85282

$750,000
List Price
$750,000
Days on Market
13
Status
ACTIVE
MLS#
6507976
City
Tempe
Lot Size
18,018

Property Description

Rare Commercial/Residential opportunity located near Arizona State University and Downtown Tempe. Just 3 miles from the main ASU campus, this prime .41 acre property is zoned within the R-O district which allows new development at the residential level. This property is fully approved for 4, three story townhomes at 3375 square feet each. 4 car garages are optional and approved. Plans and approval are included in the purchase price. This project is shovel ready. Don't miss this rare opportunity to develop in a highly sought after location. Buy and start building now!

Additional Information

School District
Tempe Union High School District
Acres
0.41
Electric
APS
Existing Land Use
Commercial Lot, Residential Lot
Fencing
Partial
Gas
None
Land Configuration
Square Rectangular
Lot Size
18,018
New Financing
Cash, Conventional
Parcel Size
.25 - .49 Acres
Potential Use
Commercial, Office, Other, Single Family
Road Streets
Asphalt
Sewer
Sewer - Public
Taxes
$4,382
Tax Year
2022
Unit Number
-
Water
City Franchise
Zoned Presently
Commercial, Office, Other (See Rmks), Single Family
Zoning
RO

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Platinum Realty Network.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.