1015 S Farmer Ave

1015 S Farmer Ave, Tempe, AZ 85281

Property Information

  • For Sale $425,000
  • Property Type VacantLand
  • Property Size 1,409 SF
  • Units 1
  • Lot Size 0.17 Acre
  • Building Class C
  • Year Built 1930
  • Date Updated Jun 1, 2026

Description

• 1/4 mi from ASU Main Campus • Medium-Density Residential Zoning • High-Barrier to Entry Submarket • Strong Student Housing Residence Base • Seller Financing AvailableThis 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. 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, entertainment, transit, and the Mill Avenue District.

Contacts

Location

Located at 1015 S Farmer Ave, Tempe, AZ 85281, this property is part of the Peterson Park neighborhood and Phoenix market.

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.