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1986 E UNIVERSITY Drive Tempe, AZ 85288
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Key Details
Sold Price $1,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6423796
Sold Date 10/24/24
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1946
Annual Tax Amount $1,330
Tax Year 2021
Lot Size 0.492 Acres
Acres 0.49
Property Description
Rare opportunity to purchase infill land on University Drive for possible multi family units, apartments, retail, restaurant etc. Property is zoned agricultural giving it a variety of uses. Property is located near Arizona State's Tempe Campus, less than a 1/2 from Loop 101 in a high demand retail trade area. The property is close to Tempe Marketplace and ASU. Property includes a 1278 sq/ft adobe home that is currently occupied. Irrigated lot. Very unique property with a variety of potential uses. Do not disturb occupants. Sale is for the land and current single family home. Buyer to verify all facts, figures, measurements and any information of material importance.
Location
State AZ
County Maricopa
Zoning AG
Direction University and Smith Drive
Interior
Heating Other, See Remarks
Cooling Central A/C
Flooring Ceramic Tile
Exterior
Garage Private Parking, Free, Fenced
Fence Other, See Remarks
Roof Type See Remarks
Total Parking Spaces 10
Building
Sewer Other
Water Other, See Remarks
New Construction Yes
Others
Senior Community No
Tax ID 132-39-002-U
Financing SBA
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