1986 E University Drive, Tempe, AZ 85288

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Sold Price
$1,300,000
List Price
$1,350,000
Closing Date
Oct 24, 2024
Days on Market
829
Status
CLOSED
MLS#
6423796
City
Tempe
Living SQFT
1,278
Lot Size
21,413
Year Built
1946

Property Description

Rare opportunity to purchase infill land on University Drive for possible multi family units, apartments, retail, restaurant etc. Property is zoned agricultural giving it a variety of uses. Property is located near Arizona State's Tempe Campus, less than a 1/2 from Loop 101 in a high demand retail trade area. The property is close to Tempe Marketplace and ASU. Property includes a 1278 sq/ft adobe home that is currently occupied. Irrigated lot. Very unique property with a variety of potential uses. Do not disturb occupants. Sale is for the land and current single family home. Buyer to verify all facts, figures, measurements and any information of material importance.

Additional Information

Acres
0.49
Construction
Wood Frame, Other, Stucco, Block
Cooling
Central Air
Electric
SRP
Fencing
Other, See Remarks
Flooring
Ceramic Tile
Heating
Other, See Remarks
Living Area
1,278
Lot Size
21,413
Parking Features
Private, Free, Fenced
Roofing
Other
Sewer
Other
Taxes
$1,330
Tax Year
2021
Water
Other, See Remarks
Zoning
AG

Courtesy of Realty ONE Group. 623-236-1414 Selling Office: Compass.

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