Tempe, AZ 85288,1986 E UNIVERSITY Drive
Tempe, AZ 85288,1986 E UNIVERSITY Drive
Tempe, AZ 85288,1986 E UNIVERSITY Drive
Tempe, AZ 85288,1986 E UNIVERSITY Drive
Tempe, AZ 85288,1986 E UNIVERSITY Drive
Tempe, AZ 85288,1986 E UNIVERSITY Drive
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$1,300,000

$1,350,000

3.7%
Est.Price: ?

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Est. payment /mo

0.49 Acres Lot


SOLD DATE : 10/24/2024

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

Waterfront No

Roof Type See Remarks

Total Parking Spaces 10

Building

Sewer Other

Water Other, See Remarks

Others

Senior Community No

Tax ID 132-39-002-U

Financing SBA

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Arizona Regional MLS (ARMLS)
Listed by Realty ONE Group
Bought with Compass

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Katie Remwolt

REALTOR® | Lic# SA652744000

+1(623) 258-7487

15128 W Bell Rd, Suite 10, Surprise, AZ, 85374

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