1201 S FARMER AVENUE 1
Tempe AZ 85281

$395,000
Price

0.0
Beds

0.0
Baths

0
Sqft

Jonah Joffe

Jonah Joffe
602-626-0775
Email

homeListing Details:

Listing ID: 6994729
Updated: 3/6/2026 3:13pm

Status Active/For Sale
Days On Market N/A
Taxes $2,864.50
HOA $0.00/
Type N/A
Year Built 0
Lot Size 8755.00
County Maricopa
Listed By Compass

descriptionDescription:

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. With Medium-Density Residential zoning already in place, the property supports the development of four townhome units, the configuration most aligned with demand trends, buildability, and exit value in this submarket. 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,

schoolSchool Information:

  • Getz School
  • Getz School
  • Tempe High School

mapProperty Location:

real_estate_agentAgent Information:



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The Joffe Group

Compass

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