508 S FARMER Avenue Unit: 1

Tempe, AZ, 85281

$2,900,000

$2,900,000
Active
Active
 - For Sale
property_type
Land
5th & FARMER IS A PRIME OPPORTUNITY FOR THE INVESTOR LOOKING TO PARTICIPATE IN TEMPE, ARIZONA'S CURRENT RENAISSANCE. SURROUNDED BY A HIGH END COLLECTION OF URBAN MODERNIZATION, INCLUDING BOUTIQUE HOTELS, CUTTING EDGE COMMERCIAL BUILDING AND AVANT-GARDE LIVING, 5TH & FARMER IS INTERCONNECTED TO MULTIPLE TRANSPORTATION NETWORKS INCLUDING THE VALLEY LIGHT RAIL AND TEMPE'S OWN INNOVATIVE AND FIRST OF ITS KIND STREET CAR. IN ADDITION TO OFFERING A MULTITUDE OF POSSIBILITIES WITH INVESTMENT POTENTIAL, THE EXISTING 8 RENTAL UNITS ARE 100% OCCUPIED AND AFFORD THE OPTION TO EARN A RETURN DURING THE ENTITLEMENT PHASE OF DEVELOPMENT.
MLS® ID:
6408423
Updated:
8/17/22

Exterior/Building Features

Lot Size
0.27 acres lot

Other Property Details

Taxes
$3493
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
10740740.0
View
N
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
R3

Property History

Date
Event
Price
Value
8/8/22
Price Change
$2,900,000
-1%
7/13/22
Price Change
$2,950,000
-7%

 

Courtesy of HomeSmart

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Denise Hurd shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 12:58 AM UTC, 8/17/22.

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