Listing Agency: LRA Real Estate Group LLC d**@lraphx.com Show Phone

Listed By: Don Mortensen · License #BR529840000

Source: Moodyscre

Added: May 14, 2025 Changed: Aug 17 Last Checked: Aug 20 at 10:35AM

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Investment Insights

Based on property information with market context.

This property is zoned R-3 and located in Tempe, Arizona. It presents a prime investment opportunity with strong potential for multifamily development. The location is desirable for renters, with proximity to amenities and transportation.

Key Highlights

• Zoned R‑3 for multifamily development
• Prime investment opportunity
• Located in Tempe

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

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

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

1,746

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Land in Tempe with multifamily development potential.

Where is this land located?

The property is located at 1201 S Farmer Ave Tempe, AZ.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Zoned R‑3 for multifamily development; Prime investment opportunity; Located in Tempe