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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
    View details
    Multi-Family Land with Two Homes
    Updated: Nov 10, 2025
    Multi-Family Land with Two Homes

    1229 E Spence Avenue, Tempe, AZ 85281

    $1,375,000
    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

    1190 S MAPLE Avenue, 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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Tempe, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mesa Lot Near Light Rail
    Mesa Lot Near Light Rail

    425 N MATLOCK Street, Mesa, AZ 85203

    $260,000
    0.19 AC lot

    Prime lot in Mesa, build your dream home!

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    Mesa Multifamily Development Opportunity
    Mesa Multifamily Development Opportunity

    554 W RIO SALADO Parkway, Mesa, AZ 85201

    $395,000
    0.46 AC lot

    Large lot zoned for multifamily development near Mesa Riverview.

    View details
    Phoenix Land with Mountain Views
    Phoenix Land with Mountain Views

    4338 E ELLIS Street, Phoenix, AZ 85042

    $170,000
    0.18 AC lot

    Oversized corner lot near shopping, dining, and freeways.

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    Phoenix Land Development Opportunity
    Phoenix Land Development Opportunity

    412 N 52ND Street, Phoenix, AZ 85008

    $499,999
    0.90 AC lot

    Nearly 1 acre R-4 zoned lot near Loop 202.

    View details

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

    Explore 3 residential land & home lots for sale in Tempe, AZ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,353,000.

    Sale prices for home sites in Tempe, AZ start at $329,000, averaging $784,333, and reaching up to $1,375,000 — 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

    Commercial land 17
    Agricultural land / Farmland 3
    Residential land & home lots 3
    Industrial land 2

    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
    85281 $784.3K

    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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