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SWC Ruby & Priest Dr
Tempe, AZ 85284
Land For Sale
·
12.64 AC


INVESTMENT HIGHLIGHTS
- STRATEGICALLY LOCATED IN THE HEART OF TEMPE’S DYNAMIC PRIEST DRIVE CORRIDOR
- PROXIMITY TO SKY HARBOR INTERNATIONAL AIRPORT & ASU
- UNMATCHED REGIONAL CONNECTIVITY
EXECUTIVE SUMMARY
Transwestern is pleased to exclusively present the opportunity to acquire the fee-simple interest in a ±12.64-acre parcel located at the southwest corner of Priest Drive and Alameda Drive in Tempe, Arizona (the “Property”). This well-located infill site offers an exceptional opportunity for active multifamily and industrial developers to deliver a best-in-class project in one of Metro Phoenix’s most supply-constrained submarkets.
Currently vacant and free of any existing structures, the Property is zoned GID (General Industrial District) by the City of Tempe. A rezoning would be required for multifamily development - a path the City has previously demonstrated support for. The site provides flexible development potential for a range of uses, including industrial, data center, business park, or other highest and best uses that capitalize on its prime location, excellent access, and favorable market fundamentals.
Currently vacant and free of any existing structures, the Property is zoned GID (General Industrial District) by the City of Tempe. A rezoning would be required for multifamily development - a path the City has previously demonstrated support for. The site provides flexible development potential for a range of uses, including industrial, data center, business park, or other highest and best uses that capitalize on its prime location, excellent access, and favorable market fundamentals.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 12.64 AC |
| Property Type | Land | ||
| Zoning | GID - GID, General Industrial Use | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 12.64 AC |
| Zoning | GID - GID, General Industrial Use |
1 LOT AVAILABLE
Lot
| Lot Size | 12.64 AC |
| Lot Size | 12.64 AC |
PROPERTY TAXES
| Parcel Number | 301-54-807 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,797,300 |
PROPERTY TAXES
Parcel Number
301-54-807
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,797,300
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