$1,475,000
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0.58 Acres Lot
SOLD DATE : 12/15/2021
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Tempe 4 Parcels- 124-31-023 A - 124-31-123 B 124-31-024 - 124-31-028
MLS Listing ID 6239734
Sold Date 12/15/21
HOA Y/N No
Annual Tax Amount $6,243
Tax Year 2020
Lot Size 0.580 Acres
Acres 0.58
Lot Dimensions Unknown
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Close to Mill Ave & all it has to offer! Road frontage on 5th st & Roosevelt St. Great potential for many different uses. Two existing structures leased on a month to month basis. City of Tempe was submitted plans for a 11 plex, just needs approval!! Over half an acre, 25,264 sq ft lot! This property is in an Opportunity Zone in Tempe a tax benefit to buyer!
4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028 Rare Investment Opportunity for 4 parcels of land! Fantastic neighborhood in the midst of Redevelopment! Great potential for many different uses. Existing structures leased on a month to month basis. City of Tempe was submitted plans for a 12 plex, just needs approval!! Over half an acre.
Lots of road frontage on 5th St and Roosevelt St, just blocks from downtown Mill Ave and all it has to offer!
4-Parcels/Lots: 124-31-023 A: 124-31-023 B: 124-31-024: 124-31-028
Location
State AZ
County Maricopa
Community Tempe 4 Parcels- 124-31-023 A - 124-31-123 B 124-31-024 - 124-31-028
Zoning R-3
Direction AZ-202 Loop E to N Priest Dr. Left onto W 5th St to address corner of 5th St & Roosevelt. OR: North on Mill Ave, West on 5th St to Property!
Exterior
Fence Chain Link, Wood
Topography Level
Building
Lot Description Corner Lot, North/South Exp
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Scales Technology Academy
Middle Schools Geneva Epps Mosley Middle School
High Schools Tempe High School
Others
Senior Community No
Tax ID 124-31-028
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash
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Bought with Grace CRE