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Residential Development Lot
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1015 S Farmer Ave, Tempe, AZ 85281

Build-ready residential lot zoned for medium-density development near ASU’s main campus.

Property Size7,307 SF
Price / SF$58.16
Days on Market43

Property Features for 1015 S Farmer Ave

General Information

Standard status Active
Size 7,307 SF
Property subtype LAND
Zoning Medium-Density Residential
Listing Agency: LevRose Commercial Real Estate
Listed By: Gunnar Sinnett
Source: Moodyscre
Added: Jul 1 Changed: Aug 8 Last Checked: Aug 8 at 8:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LevRose Commercial Real Estate

Investment Insights

Based on property information with market context.

This offering is a residential development lot in Tempe, Arizona, with a total size of 7,307 square feet. The property is presented for sale with seller financing available, giving buyers an alternative to traditional lending structures.

The lot is located approximately 1/4 mile from ASU’s Main Campus. The property is designated under medium-density residential zoning, which supports residential development consistent with that zoning framework.

For buyers looking to acquire land for a medium-density residential project, this lot provides a straightforward site with clear zoning alignment. Its proximity to ASU’s main campus may be relevant for developers evaluating demand for near-campus housing. With seller financing available, the property may also appeal to buyers who want financing flexibility as part of the purchase plan.

Key Highlights

  • Build‑ready residential lot zoned for medium‑density development
  • About 1/4 mi from ASU main campus
  • Medium‑density residential zoning

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Pet Store & Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,087
Businesses Nearby

Demographics for 85281, AZ

69,218
Population
32,475
Households
2.1
Avg Household Size
26
Median Age
49%
College-Educated
91%
High-School Grad
13.3 sq mi
ZIP Area
5,204
Density / Sq Mi
$59,084
Median Household Income
$32,805
Median Earnings
$1,531
Median Rent
$364,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready residential lot zoned for medium-density development near ASU’s main campus.
Where is this residential land & home lot located?
The property is located at 1015 S Farmer Ave Tempe, AZ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Build‑ready residential lot zoned for medium‑density development; About 1/4 mi from ASU main campus; Medium‑density residential zoning
(314) 651-0322 Call to check price and availability
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