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1986 E University Drive

Tempe, AZ 85288
  • $1,350,000
  • STATUS: Active
  • ON SITE: 458 Days
  • MLS #: 6423796
UPDATED: 53 min ago
$1,350,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,278
    SQFT
  • $1,056
    $/SQFT
Type:
Commercial
Built:
1946
County:
Area:

School Ratings & Info

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.

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Team Faber | Real Brokerage. Data last updated 2023-09-26T17:15:32.827.
www.featuredpropertiesaz.com/homes/130263970
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1986 E University Drive Tempe, AZ 85288

  • Price: $1,350,000
  • Status: Active
  • On Site: 458 Days
  • Updated: 53 min ago
  • MLS #: 6423796
0
Beds
0
Baths
0
½ Baths
0.49
Acres
1,278
SQFT
$1,056
$/SQFT
1946
Built
County:
Maricopa
Area:
Tempe
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.
Exterior Features

Construction BlockFrame - WoodOther (See Remarks)Stucco Covered Parking Spaces 0.00 Fencing OtherSee Remarks Freeway Highway 1.1 - 2 Miles Parking FencedFreePrivate Parking Roads Dedicated StreetPrivate Street Roofing Other (See Remarks) Stories 1 Story Total Parking Spaces 10.00 Uncovered Parking Spaces 10.00

Interior Features

Amenities Other (See Remarks) Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring Ceramic Tile Heating OtherSee Remarks Interior Features Finished

Property Features

Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type CommercialOther (See Remarks) Cross Street University Drive & Smith Rd Current Use OtherSee Remarks Electric Srp Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number - Net Operating Income 0.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Other (See Remarks) Source Of Financial Data Other (See Remarks) Taxes 1330.00 Traffic Count 35001 To 50000 Vacancy Allowance 0.00 Water OtherSee Remarks Zoning Ag

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Arizona Regional MLS logo© 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Team Faber | Real Brokerage. Data last updated 2023-09-26T17:15:32.827.
 
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Team Faber | Real Brokerage
9280 S Kyrene Rd #117
Tempe AZ, 85284