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Investment Highlights

  • Close proximity to Arizona State University and downtown Tempe business district.
  • Full utility infrastructure in place with improved streets and sidewalks.
  • Excellent access to Loop 202, SR-143, and Phoenix Sky Harbor International Airport.
  • Zoned I-2 with multiple allowable uses including industrial, retail, and multifamily.

Executive Summary

Rare Tempe Multi-family Development Opportunity! 2 Parcels Consisting of ±5.87 Acres Available For Sale located in an Opportunity Zone.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Retail
  • Mixed Use
  • Multifamily
  • Auto Repair
  • Planned Unit Development
  • Single Family Development
Total Lot Size 5.87 AC
Opportunity Zone Yes
Zoning I-2 - County Island

1 Lot Available

Lot

Lot Size 5.87 AC

5.87 Acres zoned I-2.

Description

This property comprises two contiguous parcels totaling approximately 5.87 acres, strategically located in the northern Tempe submarket at 1035 E Curry Rd and 1050 E Gilbert Dr. The site is positioned within a federally designated Opportunity Zone, offering potential tax incentives for qualified investors. Zoned I-2, the property supports a wide range of development options, including industrial, retail, mixed-use, multifamily, auto repair, and planned unit development. The parcels are fully improved with access to essential utilities such as water, sewer, electricity, gas, and telecommunications. Offsite improvements include paved streets, curbs, gutters, and sidewalks, ensuring readiness for development. The location provides excellent transportation connectivity, with immediate access to Loop 202 and State Route 143, and is just minutes from Phoenix Sky Harbor International Airport. The property’s proximity to Arizona State University, downtown Tempe, and major employment hubs enhances its appeal for future development projects. This site offers a rare opportunity for investors and developers to capitalize on Tempe’s strong growth trajectory and dynamic economic environment.

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 132-19-013E
  • 132-19-012E
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$279,015
  • Listing ID: 35916491

  • Date on Market: 5/19/2025

  • Last Updated:

  • Address: 1035 E Curry Rd, Tempe, AZ 85281

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