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    1986 E University Dr Tempe, AZ 85288

    For Sale
    $165,000

    Land - Tempe, AZ

    Lot size:
    0.16 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1986 E University Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AG
    APN
    132-39-002-D
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    Tempe Realty 1, LLC dba Keller Williams Realty East Valley (480) 839-6600 [email protected]

    Listing agent Hani Aldulaimi (480) 839-6600

    Listing date Oct 23, 2025

    MLS# 6784718 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tempe Land Parcel For Sale

    This 0.16-acre parcel is situated in Tempe, providing convenient access to shopping, dining, and entertainment options. The property is located near Arizona State University's Tempe Campus and offers ease of access to Loops 101 and 202. Zoned AG, the property has no HOA and allows for flood irrigation. Horses are permitted. The location is within a Qualified Opportunity Zone and The City of Tempe's Smith Industrial Innovation Hub. Note that this property is the sixth lot back from University Drive (APN 132-39-002D). Adjacent lots totaling over 1.6 acres with frontage on University Drive are also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.90173
    Latitude
    33.423097

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    FAQs

    What type of property is this?
    Agricultural land - Land parcel in Tempe, zoned AG, near Arizona State University.
    Where is this agricultural land located?
    The property is located at 1986 E University Dr Tempe, AZ.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Tempe, close to shopping, dining, and entertainment.; - Proximity to Arizona State University and easy access to Loops 101 and 202.; - Zoned AG with flood irrigation; horses are allowed.
    (480) 839-6600
    Request Owner's contact information
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    Tempe, AZ 85288
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1986 E University Dr Tempe, AZ 85288
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