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1200 E Rio Salado Pky
Tempe, AZ 85281
Lot 1 - South Pier-Tempe Town Lake · Land For Sale · 3.04 AC

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Investment Highlights

  • Located in the heart of Tempe, Tempe Town Lake is Arizona's second-most visited public attraction.

Executive Summary

Four prime lots for sale in South Pier at Tempe Town Lake — a premier mixed-use development featuring retail, multifamily, office, and entertainment. Lot 1 is currently entitled for a multifamily and retail mixed-use development with 624 multifamily units and 21,450 square feet of retail space. Call for pricing.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Apartment Units - Condo
Total Lot Size 3.04 AC
Opportunity Zone Yes
Zoning PAD - PAD - Planned area development

1 Lot Available

Lot 1

Lot Size 3.04 AC

Lot 1 currently entitled for 624 multifamily units (628,000 SF), retail (21,450 SF) and 535,090 SF of parking space.

Property Taxes

Property Taxes

Parcel Number
132-32-015
Land Assessment
$736,415
Improvements Assessment
$0
Total Assessment
$736,415
  • Listing ID: 37506499

  • Date on Market: 9/2/2025

  • Last Updated:

  • Address: 1200 E Rio Salado Pky, Tempe, AZ 85281

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