- 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.
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Contacts
Gunnar Sinnett
LevRose Commercial Real Estate
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
Gunnar Sinnett
LevRose Commercial Real Estate