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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 - Hard to find R-3 Multi Family lot with 101 freeway frontage. Approved to build 8 units (one for flex space). 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 - Hard to find R-3 Multi Family lot with 101 freeway frontage. Approved to build 8 units (one for flex space). Blue Prints attached under Misc uploads! |
1 Lot Available
Lot 80
| Price | $675,000 | Lot Size | 0.38 AC |
| Price Per AC | $1,783,190.46 |
| Price | $675,000 |
| Price Per AC | $1,783,190.46 |
| 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
Location! Location! Location! Rare Tempe Multifamily R-3 Lot with very desirable 101 Freeway street frontage and steps away from Apache Blvd. High Traffic count and great property exposure. The City of Tempe is promoting higher density for these multifamily lots. This lot was approved to build 8 units and the seller will hand over everything to the buyer at no cost. includes: architectural plans, engineering reports, and final approval package. Seller has thousands of dollars and hours into this project and buyer could reap the benefits or you can build whatever suits your needs. New units recently built next door and Circle K on the corner. We are happy to email the plans out. Possible terms available -Seller will carry a note with 50% down at a negotiated rate. Thank you for looking!!
Property Taxes
| Parcel Number | 132-72-040 | Improvements Assessment | $0 |
| Land Assessment | $11,417 | Total Assessment | $11,417 |
Property Taxes
