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1272 S Price Rd
Tempe, AZ 85281
Price Road Multi-Family Development · Land For Sale
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0.38 AC
INVESTMENT HIGHLIGHTS
- Approved plans and permits to build 7 units plus flex space/office
- Located in the middle of Tempe
- immediate access to 101 freeway(price road)
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.38 AC |
| Zoning | R-3 - R-3 Multi Family. Approved and ready to build 7 units plus a flex room/office(see pics). Blue Prints attached under Misc uploads! | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.38 AC |
| Zoning | R-3 - R-3 Multi Family. Approved and ready to build 7 units plus a flex room/office(see pics). Blue Prints attached under Misc uploads! |
1 LOT AVAILABLE
Lot 80
| Price | $699,000 | Lot Size | 0.38 AC |
| Price Per AC | $1,846,256.25 |
| Price | $699,000 |
| Price Per AC | $1,846,256.25 |
| Lot Size | 0.38 AC |
Hard to find R-3 (multi-family) lot in the middle of Tempe. Approved to build 7 units plus flex space. Includes architectural plans, engineering, and all other documentation to get permits to start construction.
DESCRIPTION
R-3 multi-unit lot for sale! Ready to build 7 two bedroom/2 bath spacious units with additional flex space/office. Includes architectural plan, engineering, and all other documentation to get permits to start construction. Hard to find lot with everything ready to go. Many lots in the area have been redeveloped for new multi-housing. This lot is located in the Apache Redevelopment zone. You have immediate access to the freeway and walking distance to the light rail park and ride. Thousands of dollars and several years of time invested by the seller into developing the lot for maximum multi-family use. Seller may carry with 1/2 down and negotiated terms. Don't let this opportunity pass you by as it can take years to get it to this point. Great location!
PROPERTY TAXES
| Parcel Number | 132-72-040 | Improvements Assessment | $0 |
| Land Assessment | $11,417 | Total Assessment | $11,417 |
PROPERTY TAXES
