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Approved Retail Development with Transit Access
For Sale
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1747 E Apache Blvd, Tempe, AZ 85281

Retail development site with 5-story approval, 7-story potential, and positioning along the light rail in an opportunity zone.

Property SizeContact for details
Days on Market209

Property Features for 1747 E Apache Blvd

General Information

Standard status Active
Property subtype Land, Multifamily
Zoning MU-4 PAD TOD

Additional Details

Opportunity Zone Yes
Listing Agency: ORION Investment Real Estate
Listed By: Nick Miner · License #AZ BR530564000
Source: Crexi
Added: Apr 6 Changed: Oct 25 Last Checked: Oct 30 at 1:48PM

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 ORION Investment Real Estate

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Investment Insights

Based on property information with market context.

This for-sale retail development site has 5 stories approved, with potential to expand to 7 stories. Seller financing may be available, and reasonable timelines for site plan approval are permissible.

The property is located at 1747 E Apache Blvd in Tempe, Arizona, and is described as being in an opportunity zone and along the light rail. The combination of approved entitlements and transit-adjacent positioning may support a range of retail-forward development plans.

Prospective buyers should verify final feasibility and any requirements tied to height and site plan approval during diligence.

Key Highlights

  • 5 stories approved, with potential for 7 stories
  • Seller financing possible
  • Site plan approval timeline extensions may be permissible

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Veterinary Clinic (Bike/Boat/Book/etc) Store Law Firm Garden Center Pet Store

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

1,407
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 75% Shops & Services 22% Home Improvements & Furnishings 2% Beauty & Spa 1%
McDonald's Dining
34,434 visits/mo 0.5 miles
Filiberto's Mexican Food Dining
9,094 visits/mo 0.4 miles
Chevron Shops & Services
9,041 visits/mo 0.5 miles
Wienerschnitzel Dining
7,524 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,955 visits/mo 0.5 miles

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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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail development site with 5-story approval, 7-story potential, and positioning along the light rail in an opportunity zone.
Where is this retail space located?
The property is located at 1747 E Apache Blvd Tempe, AZ.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: 5 stories approved, with potential for 7 stories; Seller financing possible; Site plan approval timeline extensions may be permissible
(480) 226-8037 Call to check price and availability
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