$425,000

1015 S Farmer Avenue 5, Tempe AZ, 85281

Price per sqft$59.65

Lot size0.16 Acres

Property typeLand

Overview

Active

Listed Jul 7, 2026

Updated Jul 8

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.

Additional information

MLS^® ID: 7050834

Exterior Features

Lot Size: 0.16 Acres

Other Property Details

Taxes: $2,034
Tax Frequency: Annually
View: Yes

Courtesy of Levrose Real Estate, Gunnar Sinnett

Listing Contact: 314-651-0322

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Data Last Updated: 3:44 AM UTC, 7/8/2026.