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Lot/land
    • $425,000

    1015 S Farmer Avenue #5, Tempe, AZ 85281

    --beds
    --baths
    7,125Square Feet
    Land
    Built in ----
    7,125 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime infill development site
    This offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University's Main Campus, positioned squarely in the heart of Tempe's most active residential corridor. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment, entertainment, transit, and the Mill Avenue District.
    18 days
    |
    147
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gunnar Sinnett 314-651-0322,

    Levrose Real Estate

    Source: ARMLS,MLS#: 7050834MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: City
      Lot
      • Size: 7,125 Square Feet
      • Dimensions: 143' x 51'
      • Topography: Level
      Details
      • Additional structures: None
      • Parcel number: 12470001A
      • Zoning: R-3

      Utilities & green energy

      • Electric: SRP
      • Sewer: Public Sewer
      • Water: Domestic Well

      Community & HOA

      Community
      • Subdivision: FARMERS ADDITION BLOCKS 1-2 PART 3 LOTS 1-5
      HOA
      • Has HOA: No
      Location
      • Region: Tempe

      Financial & listing details

      • Annual tax amount: $2,033
      • Date on market: 7/7/2026
      • Listing terms: Owner May Carry,Cash,Seller Approve Terms,Conventional
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/7/2026Listed for sale$425,000
        Source: ARMLS #7050834 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Mitchell Park East

        Getting around

        85 / 100
        Very Walkable
        64 / 100
        Good Transit
        95 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Tempe School District

        Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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