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Tempe Lot Near ASU
For Sale
$309,000

112 W 12th Street -, Tempe, AZ 85281

Residential lot near ASU with development potential.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market605

Property Features for 112 W 12th Street -

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype LAND

Taxes and HOA fees

Annual Taxes $3,124
Listing Agency: Compass
Listed By: Patrick Brown · License #SA691847000
Source: Gillettegroupaz
Added: Feb 16, 2025 Changed: Sep 29 Last Checked: Oct 13 at 12:29AM

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 Compass

Investment Insights

Based on property information with market context.

This residential lot, located in the Maple - Farmer - Ash District of Tempe, offers potential for development or investment. The property, with an area of 4,613 square feet, is the back lot from a lot split. Zoned R-2, the lot fronts Maple Avenue and backs to the alley, with the potential to build a home and ADU for living or rental purposes. Its location near Arizona State University, shops, restaurants, and other attractions makes it suitable for investment or personal use. The property is positioned to benefit from the increasing need for housing as ASU grows.

Key Highlights

  • 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, and restaurants.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Furniture & Home Goods Pet Store & Service Veterinary Clinic

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot near ASU with development potential.
Where is this residential land & home lot located?
The property is located at 112 W 12th Street - Tempe, AZ.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: 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, and restaurants.
More about this property
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