Tempe, AZ Land for Sale

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Updated: Mar 22

Tempe Multifamily R-3 Lot

1272 S PRICE Road, Tempe, AZ 85281

$649,000

0.36 AC lot

Approved R‑3 lot in Tempe with high‑density development potential
Includes architectural plans and engineering reports
Prime location with 101 Highway street frontage and high exposure
Steps away from Apache Blvd and close to new developments
Seller may carry financing with 50% down

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Updated: Feb 15, 2025

R-2 Back Lot for Home and ADU

112 W 12th Street, Tempe, AZ 85281

$329,000

0.11 AC lot

Prime location in the highly sought‑after Maple - Farmer - Ash District of Tempe.
Zoned R‑2 with potential to build a home and Accessory Dwelling Unit (ADU).
Located near Arizona State University, shops, restaurants, and other attractions.
4,613 sq ft lot.
Back lot that backs to the alley and fronts to Maple Ave.

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Commercial Land Zoned C-G

3353 S Rural Rd, Tempe, AZ 85282

$1,000,000

24,971 sqft 0.57 AC lot

Commercial land parcel with C-G zoning and frontage on a major Tempe corridor for visible, accessible development.

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See what stands out in Maricopa County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Commercial Land with Office Plans

6008 S Mcclintock Dr #-, Tempe, AZ 85283

$675,000

25,081 sqft

R/O-zoned land with two water main connections and plans for a multi-unit office building.

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R-3 Multifamily Development Lot

1272 South Price Road, Unit 80, Tempe, AZ 85281

$649,000

15,560 sqft

Tempe R-3 lot approved for 8 units with 101 Freeway frontage and included architectural and engineering package.

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Development Land Assemblage with Plans

807 South George Drive, Unit 1, Tempe, AZ 85288

$800,000

3,314 sqft 0.50 AC lot

Five parcels are included, with plans for nine attached townhomes on a single assemblage.

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Waterfront Restaurant

5250 S Lakeshore Dr, Tempe, AZ 85283

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10,000 sqft 2.27 AC lot

Waterfront setting with a private dock, multiple patios, event space, and a full commercial kitchen.

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Prime Commercial Land For Sale

5005 S Wendler Dr, Tempe, AZ 85282

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1 sqft

1.0 AC available near I-10, ideal for various uses.

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Mixed-Use Light Rail Development Land

1854-1874 E Apache, Tempe, AZ 85281

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1.23 AC lot

Land parcel near the McClintock light rail station, positioned for mixed-use development in a light-rail-focused overlay district.

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Restaurant Parcel Near ASU Campus

1301 E Broadway Rd, Tempe, AZ 85282

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5,200 sqft

Freestanding restaurant space in high-traffic location near Arizona State.

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Land Available at Arizona Mills

1530 W Baseline Rd, Tempe, AZ 85282

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8,752 sqft

Land parcel available for ground lease or build to suit.

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Commercial Development Land Opportunity

1911 E Apache Blvd, Tempe, AZ 85281

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0.69 AC lot

Commercial land offered as a development opportunity near light-rail along Apache Boulevard.

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Infill Development Land Parcel

1015 S Farmer Ave, Tempe, AZ 85281

$425,000

Infill commercial land offers development opportunity near Arizona State University.

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Tempe Lot Near ASU

1190 South Maple Avenue, Unit 1, Tempe, AZ 85281

$329,000

4,613 sqft 0.11 AC lot

Residential lot near ASU with development potential.

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Shovel-Ready Residential Development Land

7026 E Warner Road -, Tempe, AZ 85284

$2,299,000

2.00 AC lot

Nearly 2 acres with approved plans and permits for two luxury homes, with city utilities at the street.

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Two-Parcel Land Offering

2227 E McArthur Drive -, Tempe, AZ 85288

$2,236,355

Land offering comprising two separately identified parcels on E McArthur Drive.

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Tempe Infill IOS Investment Opportunity

1815 E 3rd St, Tempe, AZ 85288

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1,956 sqft 1.32 AC lot

1.32-acre property in Tempe with redevelopment potential.

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Multifamily R-3 Development Lot

1272 S PRICE Road 80, Tempe, AZ 85281

$649,000

Tempe R-3 lot with highway frontage and prior approval materials for an eight-unit multifamily project.

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High-Density Multifamily Development Lot

80-1272 S Price Rd, Tempe, AZ 85281

$649,000

Multifamily R-3 lot with prior approval materials, including plans, engineering reports, and a final approval package.

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Industrial Land with Road Frontage

1407 East McKellips Road, Tempe, AZ 85288

$1,500,000

18,987 sqft

Industrial-zoned land along McKellips Road provides a compact site for commercial use.

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Infill Development Land Site

5-1015 S Farmer Ave, Tempe, AZ 85281

$425,000

Infill land parcel positioned within a high-activity residential corridor near Arizona State University.

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Vacant Land with Approved Townhome Plan

1001 E. Guadalupe Road, Tempe, AZ 85283

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1.96 AC lot

Vacant acreage on East Guadalupe Road with an approved site plan for twenty attached townhome units.

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Land

6320 S SHANNON Drive, 9, Tempe, AZ 85283

$525,000

Residential land & home lots

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Vacant Land

6320 S Shannon Dr Unit 9, Tempe, AZ 85283

$525,000

Residential land & home lots

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Tempe, AZ Land Market Trends and Statistics

Explore 72 land for sale in Tempe, AZ, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 881,440 square feet of properties for sale, with an estimated market value of $17,842,355.

Sale prices for lots in Tempe, AZ start at $329,000, averaging $775,754, and reaching up to $2,299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 192K

Population Growth (5Y) +0.9%

Median Household Income $79,956

College Educated 32.7%

High-Yield Neighborhoods for Investment

Identify Tempe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
85281	$512.5K
85283	$600K
85282	$1M
85284	$2.3M

Taxes & Financing

Tax Rate (average for all types) 5.89%

Property Tax per SF $77.06 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Maricopa County

New Delisted

Total CRE Inventory on Market (SF)

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