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800 W University Dr - University Lofts
0.28 Acres of Residential Land Offered at $493,421 in Tempe, AZ 85281
Investment Highlights
- Prime Location: Central position in Tempe, AZ, offering convenient access to major transportation routes and amenities
- Development Opportunities: Existing site plans for 5 townhomes, offering a clear vision for potential buyers or developers.
- Zoning and Permits: Favorable zoning designations and permits in place, streamlining the development process.
Executive Summary
Property Facts Under Contract
| Price | $493,421 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 0.28 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $493,421 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.28 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $493,421 | Lot Size | 0.28 AC |
| Price Per AC | $1,762,218 |
| Price | $493,421 |
| Price Per AC | $1,762,218 |
| Lot Size | 0.28 AC |
0.28 Acres, Located in an Opportunity Zone Zoning R-4 Site Plans for 5 Lots for Luxury Townhomes
Description
Unlock the potential of prime real estate in vibrant Tempe, AZ with this rare 0.28-acre land development opportunity, perfect for crafting a modern and sophisticated townhome community. Calling All General Contractors: Prime Opportunity Awaits in Our Luxury Townhome Land Development! Each meticulously planned lot spans 1783 sqft and comes equipped with utilities, ready for seamless integration. Join us in creating an exceptional community where luxury living meets convenience. Secure your stake in this prestigious project and unlock the potential for unparalleled residential development.
zoning
| Zoning Code | R-4 (high-density multi-family housing, including apartments and condominiums) |
| R-4 (high-density multi-family housing, including apartments and condominiums) |
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Adrienne Luera -
Success Commercial Real Estate
Presented by
800 W University Dr - University Lofts
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