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Infill Development Land Parcel
For Sale
$425,000

1015 S Farmer Ave, Tempe, AZ 85281

Infill commercial land offers development opportunity near Arizona State University.

Property SizeContact for details
Days on Market71

Property Features for 1015 S Farmer Ave

General Information

Standard status Active
Property subtype Land

Building Details

Year Built 1930
Listing Agency: LevRose Commercial Real Estate
Listed By: Gunnar Sinnett
Source: Tcnworldwide
Added: Jun 3 Changed: Aug 11 Last Checked: Aug 12 at 4:14AM

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 for a commercial land parcel positioned as an infill development site. The property is being marketed as a dedicated development opportunity, allowing prospective buyers to plan for ground-up use subject to applicable approvals and feasibility.

The site is located at 1015 S Farmer Ave in Tempe, Arizona, and the public remarks note it is approximately one-half mile from Arizona State. That proximity can be a practical consideration for developers evaluating sites intended to serve a university-adjacent tenant base and foot-traffic patterns.

For buyers and development teams looking for an infill location rather than greenfield land, this parcel may fit a range of ground-up concepts consistent with what can be approved for the property. Because no specific zoning, improvements, utilities, lot dimensions, or development program details are provided in the information available, due diligence will be important and should focus on entitlement requirements, allowable uses, and site planning requirements. Overall, this is a straightforward land acquisition centered on infill development planning near Arizona State.

Key Highlights

  • Infill commercial development site
  • Located 1/2 mile from Arizona State University
  • Year built: 1930

Property Analytics

Current Use

Commercial land

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Infill commercial land offers development opportunity near Arizona State University.
Where is this commercial land 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: Infill commercial development site; Located 1/2 mile from Arizona State University; Year built: 1930
More about this property
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