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1986 E University Dr - AG or Residential Development

0.16 Acres of Commercial Land in Tempe, AZ 85281

Investment Highlights

  • Located just off University Drive in an Opportunity Zone
  • Perfect for agriculture or industrial development
  • 40,000 vehicles a day pass directly in front of site
  • Site is part of Tempe's Smith Industrial Innovation Hub
  • Easy access to Loops 101, 202 and Arizona State University Tempe campus

Executive Summary

Perfect infill spot for original agriculture use or residential. Situated near Arizona State University's large Tempe campus amid dining and entertainment and less than a mile from the Loop 101. Flood irrigation available, power and sewer access close by. Located in Tempe's Smith Industrial Innovation Hub with high population density and great traffic counts. Note that this property is the sixth lot back from University Drive - APN 132-39-002D.

Property Facts

Sale Type Investment Proposed Use
Mixed Use
  • Single Family Development
No. Lots 1 Total Lot Size 0.16 AC
Property Type Land Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype Commercial
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Single Family Development
Total Lot Size 0.16 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size 0.16 AC
Lot Size 0.16 AC
1 of 1
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 132-39-002D Improvements Assessment £0
Land Assessment £3,000 Total Assessment £3,000

PROPERTY TAXES

Parcel Number
132-39-002D
Land Assessment
£3,000
Improvements Assessment
£0
Total Assessment
£3,000

zoning

Zoning Code AG (agricultural)
AG (agricultural)
(480) 900-8484

Contact

  • Listing ID: 33043669

  • Date on Market: 03/09/2024

  • Last Updated:

  • Address: 1986 E University Dr, Tempe, AZ 85281

The Land Property at 1986 E University Dr, Tempe, AZ 85281 is currently available for sale. Contact KW Commercial Infinity Group for more information.

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AG or Residential Development

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© 2024 CoStar Group

1986 E University Dr - AG or Residential Development
(480) 900-8484 x

1986 E University Dr - AG or Residential Development

Hani Aldulaimi

(480) 900-8484

(480) 900-8484

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