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    Tempe, AZ
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    Tempe, AZ Residential Land & Home Lots for Sale

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    Tempe Multifamily R-3 Lot
    Updated: Mar 22
    Tempe Multifamily R-3 Lot

    1272 S PRICE Road, Tempe, AZ 85281

    $649,000
    0.36 AC lot
    Approved R‑3 lot in Tempe with high‑density development potential
    Includes architectural plans and engineering reports
    Prime location with 101 Highway street frontage and high exposure
    Steps away from Apache Blvd and close to new developments
    Seller may carry financing with 50% down
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    Multi-Family Land with Two Homes
    Updated: Nov 10, 2025
    Multi-Family Land with Two Homes

    1229 E Spence Avenue, Tempe, AZ 85281

    $1,299,000
    R‑4 (High Density) zoning for multifamily development
    Prime location in the heart of ASU campus area
    Includes two residential houses
    Robust infill location
    Walk to Campus
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    R-2 Back Lot for Home and ADU
    R-2 Back Lot for Home and ADU

    112 W 12th Street, Tempe, AZ 85281

    $329,000
    0.11 AC lot

    R-2 back lot with alley frontage and Maple Avenue access, offering potential for a home and ADU development.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Development Land Assemblage with Plans
    Development Land Assemblage with Plans

    807 South George Drive, Unit 1, Tempe, AZ 85288

    $800,000
    3,314 sqft 0.50 AC lot

    Five parcels are included, with plans for nine attached townhomes on a single assemblage.

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    R-3 Multifamily Development Lot
    R-3 Multifamily Development Lot

    1272 South Price Road, Unit 80, Tempe, AZ 85281

    $675,000
    15,560 sqft

    Tempe R-3 lot approved for 8 units with 101 Freeway frontage and included architectural and engineering package.

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    Infill Residential Development Land
    Infill Residential Development Land

    1201 South Farmer Avenue, Unit 1, Tempe, AZ 85281

    $395,000
    8,755 sqft

    Infill development land with Medium-Density Residential zoning, positioned for a four-townhome project.

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    Zoned Residential Development Land
    Zoned Residential Development Land

    1061 West 5th Street, Unit 3, Tempe, AZ 85281

    $299,000
    10,447 sqft

    Residential lots with an easement on 5th St and development limits of 5,000-sf footprint and 30-ft height.

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    Tempe Lot Near ASU
    Tempe Lot Near ASU

    1190 South Maple Avenue, Unit 1, Tempe, AZ 85281

    $329,000
    4,613 sqft 0.11 AC lot

    Residential lot near ASU with development potential.

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    Shovel-Ready Residential Development Land
    Shovel-Ready Residential Development Land

    7026 E Warner Road -, Tempe, AZ 85284

    $2,299,000
    2.00 AC lot

    Nearly 2 acres with approved plans and permits for two luxury homes, with city utilities at the street.

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    Multifamily R-3 Development Lot
    Multifamily R-3 Development Lot

    1272 S PRICE Road 80, Tempe, AZ 85281

    $649,000

    Tempe R-3 lot with highway frontage and prior approval materials for an eight-unit multifamily project.

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    High-Density Multifamily Development Lot
    High-Density Multifamily Development Lot

    80-1272 S Price Rd, Tempe, AZ 85281

    $649,000

    Multifamily R-3 lot with prior approval materials, including plans, engineering reports, and a final approval package.

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    Infill Development Land Site
    Infill Development Land Site

    5-1015 S Farmer Ave, Tempe, AZ 85281

    $425,000

    Infill land parcel positioned within a high-activity residential corridor near Arizona State University.

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    Vacant Land with Approved Townhome Plan
    Vacant Land with Approved Townhome Plan

    1001 E. Guadalupe Road, Tempe, AZ 85283

    Contact for pricing
    1.96 AC lot

    Vacant acreage on East Guadalupe Road with an approved site plan for twenty attached townhome units.

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    Mixed-Use Zoned Development Lot
    Mixed-Use Zoned Development Lot

    2090 E Apache Blvd, Tempe, AZ 85281

    Contact for pricing
    0.68 AC lot

    Development lot zoned CSS and R-4 within close proximity to a light rail station.

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    COMMERCIAL
    COMMERCIAL

    807 S GEORGE Drive, Tempe, AZ 85288

    $800,000

    Commercial land

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    Land
    Land

    3-1063 W 5th St, Tempe, AZ 85281

    $385,000

    Residential land & home lots

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    Prime Location Near ASU, Tempe
    Prime Location Near ASU, Tempe

    63 W 13th St, Tempe, AZ

    Contact for pricing
    0.99 AC lot

    0.99-acre site near ASU, Mill Avenue, and downtown Tempe.

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    Tempe Land Investment Opportunity
    Tempe Land Investment Opportunity

    1201 S Farmer Ave, Tempe, AZ

    Contact for pricing
    0.20 AC lot

    Land in Tempe with multifamily development potential.

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    Tempe Infill Site Near Freeway
    Tempe Infill Site Near Freeway

    2227 E McArthur Dr, Tempe, AZ 85288

    Contact for pricing
    0.93 AC lot

    Infill site near Loop 101 Freeway and light rail.

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    Custom Home Building Lot
    Custom Home Building Lot

    9-6320 S Shannon Dr, Tempe, AZ 85281

    $525,000

    Residential building lot positioned for convenient access to freeway routes and downtown Tempe.

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    Residential Homebuilding Lot
    Residential Homebuilding Lot

    6320 S SHANNON Drive 9, Tempe, AZ 85283

    $550,000

    Residential lot offered for sale with convenient freeway access near downtown Tempe.

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    Multi-Family Infill Development Land
    Multi-Family Infill Development Land

    1825 E Hayden Ln, Tempe, AZ 85281

    Contact for pricing

    Infill residential land in Tempe with plans for three townhome units and potential for a fourth lot by back-alley access.

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    LAND
    LAND

    1190 S MAPLE Avenue 1, Tempe, AZ 85281

    $329,000

    Residential land & home lots

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    Tempe Infill Development Site
    Tempe Infill Development Site

    1201 S Farmer Ave, Tempe, AZ 85281

    Contact for pricing

    Prime development site near Arizona State University's main campus.

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    Tempe, AZ Residential Land & Home Lots Market Trends and Statistics

    Explore 25 residential land & home lots for sale in Tempe, AZ, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 383,020 square feet of properties for sale, with an estimated market value of $11,386,000.

    Sale prices for home sites in Tempe, AZ start at $299,000, averaging $669,764, and reaching up to $2,299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 28
    Commercial land 19
    Industrial land 5

    Demographics Overview

    Population 192K
    Population Growth (5Y) +0.9%
    Median Household Income $79,956
    College Educated 32.7%

    High-Yield Neighborhoods for Investment

    Identify Tempe submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    85283 $525K
    85281 $670.5K

    Taxes & Financing

    Tax Rate (average for all types) 5.89%
    Property Tax per SF $77.06 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Maricopa County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Tempe, AZ

    • 85281
    • 85288
    • 85283
    • 85284

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