AZ > Tempe > Farmers Addition Blocks 1-2 & Part 3 & Lots 1-5
Tempe, AZ 85281,1201 S FARMER Avenue #1
Tempe, AZ 85281,1201 S FARMER Avenue #1
Tempe, AZ 85281,1201 S FARMER Avenue #1
Tempe, AZ 85281,1201 S FARMER Avenue #1
Tempe, AZ 85281,1201 S FARMER Avenue #1
Tempe, AZ 85281,1201 S FARMER Avenue #1
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David Butler

David Butler

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+1(602) 326-4280
$ 604,095
Est. payment | /mo

8,755 Sqft Lot

Save
$ 604,095
Est. payment | /mo
Save

8,755 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Farmers Addition Blocks 1-2 & Part 3 & Lots 1-5

MLS Listing ID 6864241

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $2,677

Tax Year 2024

Lot Size 8,755 Sqft

Acres 0.2

Lot Dimensions IRR

Property Description

Seize a rare investment opportunity in Tempe's sought-after Farmer Arts District—a walkable, thriving neighborhood near Downtown Tempe, Mill Avenue, ASU, Tempe Town Lake, and the Light Rail. The 1,667 SF building, zoned R-3, received full entitlements from the City of Tempe in January 2025 for a proposed 4-plex residential apartment project, with approvals valid for one year. Originally constructed in 1960, the property offers a blend of vintage appeal and redevelopment flexibility. Surrounded by record-setting investment activity and continued urban growth, this location is ideal for office or mixed-use potential. A strategic chance to build, invest, or reposition in one of Tempe's most energized districts.

Location

State AZ

County Maricopa

Community Farmers Addition Blocks 1-2 & Part 3 & Lots 1-5

Zoning M-H

Direction West to Farmer, North to property

Building

Sewer Other

Water Other

New Construction No

Schools

Elementary Schools Getz School

Middle Schools Getz School

High Schools Tempe High School

School District Tempe Union High School District

Others

Senior Community No

Tax ID 124-70-013-C

Acceptable Financing Cash, CTL, Conventional

Horse Property N

Listing Terms Cash, CTL, Conventional

Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by LRA Real Estate Group, LLC
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+1(602) 326-4280

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1201 S FARMER Avenue #1