1117 E Spence Avenue Unit #-, Tempe, AZ 85281

$1,075,000
List Price
$1,075,000
Days on Market
9
Status
ACTIVE
MLS#
6509255
City
Tempe
Lot Size
13,000
Subdivision
Halsingborg

Property Description

BEST LOCATION IN TEMPE plus this parcel is in Tempe Opportunity Zone Area. This project is fully approved and ready for development. Great Opportunity to build in the heart of Tempe. This lot has been rezoned into 6 lots and a fully approved site plan to build 6 town home is ready for development. A minute or two walk to Arizona State University. You don't have to wait for years to get your project approved by the city. Each town home will be over 2000 SQFT. The brand new units this size in Tempe are selling between $750-$850k. Days on the market due to delay in the approvals by the city. NOW fully approved and ready to start construction. Priced to sell.

Additional Information

Elementary School
Tempe Academy Of International Studies McKemy Campus
High School
Tempe High School
Middle School
Tempe High School
Acres
0.28
Electric
SRP
Existing Land Use
Residential Lot
Gas
None
Lot Size
13,000
New Financing
Cash
Parcel Size
.0 - .24 Acres
Potential Use
Multi-Family
Sewer
Sewer - Public
Subdivision
Halsingborg
Taxes
$2,100
Tax Year
2022
Unit Number
-
Water
Irrigation Pipe
Zoned Presently
Multi-Family
Zoning
R-4

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Realty ONE Group.

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.