Property summary
This unique Tempe property presents a rare investment opportunity, encompassing 1,278 square feet on a 1-story, 1946-built building situated on an irrigated lot. Currently zoned agricultural, this versatile property offers a multitude of potential uses, including multi-family development, apartments, retail space, or restaurant establishment. Located at 1986 E University Dr, Tempe, AZ 85288, this infill land boasts a prime location near Arizona State University's Tempe campus and less than half a mile from Loop 101, placing it within a high-demand retail trade area. The property's proximity to Tempe Marketplace and ASU further enhances its desirability. The sale includes the land and a currently occupied 1,278 sq ft adobe home. Buyers are responsible for verifying all details, measurements, and information. Please note that the property is currently occupied, and occupants should not be disturbed. The asking price is $1,350,000.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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