1201 S FARMER AVENUE 1
    Tempe AZ 85281

    $395,000
    Price

    0.0
    Beds

    0.0
    Baths

    0
    Sqft

    Val Roberts

    Val Roberts
    602-999-1543
    Email

    homeListing Details:

    Listing ID: 6994729
    Updated: 3/6/2026 3:13pm

    Status Active/For Sale
    Days On Market N/A
    Taxes $2,864.50
    HOA $0.00/
    Type N/A
    Year Built 0
    Lot Size 8755.00
    County Maricopa
    Listed By Compass

    descriptionDescription:

    This offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University's Main Campus, positioned squarely in the heart of Tempe's most active residential corridor. With Medium-Density Residential zoning already in place, the property supports the development of four townhome units, the configuration most aligned with demand trends, buildability, and exit value in this submarket. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment,

    schoolSchool Information:

    • Getz School
    • Getz School
    • Tempe High School

    real_estate_agentAgent Information:



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    contact



    Val Roberts

    READY TO GET STARTED OR HAVE A QUESTION?

    Give me a call or fill out the form and I'll be right with you.

    Phone: 602.999.1543

    Compass



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