Tempe Infill Development
For Sale
Contact for pricing
Pending
1201 S Farmer Ave, Tempe, AZ 85281
Prime development site near Arizona State University's main campus.
Property SizeContact for details
Days on Market199
Property Features for 1201 S Farmer Ave
General Information
Standard status
Pending
Property subtype
Land
Zoning
R-3 (Tempe)
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Gunnar Sinnett · License #AZ
Source:
Crexi
Added: Jan 25
Changed: Aug 8
Last Checked: Aug 8 at 6:31AM
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 infill development site is located approximately 1/2 mile from Arizona State University’s Main Campus, situated in Tempe’s active residential corridor. The property is zoned for Medium-Density Residential, supporting the development of four townhome units. The location is characterized by land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a consistent student housing demand base, while also attracting young professionals seeking urban housing near employment, entertainment, transit, and the Mill Avenue District.
Key Highlights
- Prime infill development site, just 1/2 mile from Arizona State University’s Main Campus.
- Medium‑Density Residential zoning supports the development of four townhome units.
- Located in a high‑barrier‑to‑entry area with persistent land scarcity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,087
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Prime development site near Arizona State University's main campus.
Where is this residential land & home lot located?
The property is located at 1201 S Farmer Ave Tempe, AZ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Prime infill development site, just 1/2 mile from Arizona State University’s Main Campus.; Medium‑Density Residential zoning supports the development of four townhome units.; Located in a high‑barrier‑to‑entry area with persistent land scarcity.
