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This offering presents a rare opportunity to acquire ±7,706 SF (0.177 acres) of industrial land at 705 N Mary Street in Tempe, Arizona, on the hard corner of N Mary St and E Gilbert Dr. Zoned IND-2 for light industrial use under Maricopa County jurisdiction, the site has the flexibility for contractor yard, outdoor storage, equipment storage or fleet parking. Access from both N Mary St and E Gilbert Dr gives vehicles and equipment convenient ingress and egress, and Perpetual Easement exists for billboard onsite. Positioned just north of Loop 202, the property connects quickly to Interstate 10, Loop 101 and major metro arteries, so businesses can operate efficiently across Greater Phoenix.

7101782 MLS

This offering presents a rare opportunity to acquire ±7,706 SF (0.177 acres) of industrial land at 705 N Mary Street in Tempe, Arizona, on the hard corner of N Mary St and E Gilbert Dr. Zoned IND-2 for light industrial use under Maricopa County jurisdiction, the site has the flexibility for contractor yard, outdoor storage, equipment storage or fleet parking. Access from both N Mary St and E Gilbert Dr gives vehicles and equipment convenient ingress and egress, and Perpetual Easement exists for billboard onsite. Positioned just north of Loop 202, the property connects quickly to Interstate 10, Loop 101 and major metro arteries, so businesses can operate efficiently across Greater Phoenix.

705 N Mary Street Unit 6, Tempe

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

$1,950,000

This ±1-acre site consists of two contiguous parcels located in Tempe's highly desirable Maple Ash Neighborhood, just steps from Arizona State University, Mill Avenue, and downtown Tempe. The property is zoned R-2, allowing up to 10 units per acre, and is designated Multi-Family Low-Moderate in the Tempe 2050 General Plan. This is a well-located infill opportunity in one of Tempe's most walkable and high-demand rental markets.

7089971 MLS

This ±1-acre site consists of two contiguous parcels located in Tempe's highly desirable Maple Ash Neighborhood, just steps from Arizona State University, Mill Avenue, and downtown Tempe. The property is zoned R-2, allowing up to 10 units per acre, and is designated Multi-Family Low-Moderate in the Tempe 2050 General Plan. This is a well-located infill opportunity in one of Tempe's most walkable and high-demand rental markets.

63 W 13th Street Unit 63 & 69, Tempe

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

$1,499,000

LevRose Commercial Real Estate is pleased to present 306 & 310 S Hardy Dr, a ±0.61-acre (±26,697 SF) multifamily development opportunity in the heart of Tempe. The offering comprises two contiguous R-3-zoned parcels, one-half mile from ASU's Main Campus and approximately one mile from the $1.8 billion South Pier development at Tempe Town Lake. A conceptual site plan by Tomecak Design supports 12 townhomes for student housing, capitalizing on ASU's deep and persistently undersupplied off-campus housing demand. With medium-density zoning in place and ongoing redevelopment along the Hardy corridor, the site offers a rare opportunity to develop in one of the Valley's most supply-constrained infill submarkets without entitlement risk.

7089803 MLS

LevRose Commercial Real Estate is pleased to present 306 & 310 S Hardy Dr, a ±0.61-acre (±26,697 SF) multifamily development opportunity in the heart of Tempe. The offering comprises two contiguous R-3-zoned parcels, one-half mile from ASU's Main Campus and approximately one mile from the $1.8 billion South Pier development at Tempe Town Lake. A conceptual site plan by Tomecak Design supports 12 townhomes for student housing, capitalizing on ASU's deep and persistently undersupplied off-campus housing demand. With medium-density zoning in place and ongoing redevelopment along the Hardy corridor, the site offers a rare opportunity to develop in one of the Valley's most supply-constrained infill submarkets without entitlement risk.

306 S Hardy Drive Unit 25, Tempe

Listing courtesy of Listing Agent: Gunnar Sinnett (314-651-0322) from Listing Office: Levrose Real Estate.

$1,100,000

This ±0.74-acre (32,082 SF) infill redevelopment site is located at 117 E 15th St in Tempe, AZ, just off S. College Ave and near the ASU campus. The property is zoned R1-6 and is currently improved with an existing single-family residence and pool. The generally level parcel offers a rare, large-format infill footprint in one of Tempe's most in-demand submarkets, with strong underlying land value and multiple paths to redevelopment. A future buyer may explore a lot split, subject to City of Tempe approval and removal of the existing pool, to create two parcels, each supporting a single-family home plus up to two ADUs (one attached and one detached), offering meaningful density and value-add upside.

7082328 MLS

This ±0.74-acre (32,082 SF) infill redevelopment site is located at 117 E 15th St in Tempe, AZ, just off S. College Ave and near the ASU campus. The property is zoned R1-6 and is currently improved with an existing single-family residence and pool. The generally level parcel offers a rare, large-format infill footprint in one of Tempe's most in-demand submarkets, with strong underlying land value and multiple paths to redevelopment. A future buyer may explore a lot split, subject to City of Tempe approval and removal of the existing pool, to create two parcels, each supporting a single-family home plus up to two ADUs (one attached and one detached), offering meaningful density and value-add upside.

117 E 15th Street Unit 4A, Tempe

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

$495,000

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL This parcel may be purchased individually or together with the adjacent parcel 124-70-003, offering the opportunity for a larger redevelopment site. See MLS #7077345 for the adjacent parcel. A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Opportunities of this scale and proximity to ASU are rare to find

7077357 MLS

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL This parcel may be purchased individually or together with the adjacent parcel 124-70-003, offering the opportunity for a larger redevelopment site. See MLS #7077345 for the adjacent parcel. A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Opportunities of this scale and proximity to ASU are rare to find

1027 S Farmer Avenue Unit 7, Tempe

Listing courtesy of Listing Agent: Katherine R Ortmeier (785-215-5202) from Listing Office: eXp Realty.

1031 S Farmer Ave Lots 7 & -- Unit 8, Tempe

$995,000

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.

7077345 MLS

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.

1031 S Farmer Ave Lots 7 & -- Unit 8, Tempe

Listing courtesy of Listing Agent: Katherine R Ortmeier (785-215-5202) from Listing Office: eXp Realty.

$675,000

RARE COMMERCIAL LAND OPPORTUNITY with 175 Feet of frontage to McClintock. Prime 0.58 acre lot. Zoned R/O Two Water main connections on site. Plans available for multi-unit office building.

7070503 MLS

RARE COMMERCIAL LAND OPPORTUNITY with 175 Feet of frontage to McClintock. Prime 0.58 acre lot. Zoned R/O Two Water main connections on site. Plans available for multi-unit office building.

6008 S Mcclintock Drive Unit -, Tempe

Listing courtesy of Listing Agent: Bradley M Williams (480-570-7659) from Listing Office: Barrett Real Estate.

$620,000

Priced to sell! Lot split into four separately deeded parcels approved by the City of Tempe. Individual titling secured -- each unit is its own fee-simple lot. The Community Development Planning Division has APPROVED the Amended Subdivision Plat, meeting the Approval Criteria of Zoning and Development Code Section 6-307. This prime urban infill opportunity sits three blocks from Arizona State University. Each of the four parcels is designed for a three-story configuration with a ground-level garage and ~1,750 SF of living space across the first, second and third floors. In the heart of the ASU district, the property is minutes from dining, shopping, and entertainment along Mill Avenue and University Drive. Surrounded by year-round demand and strong long-term investment potential.

7039647 MLS

Priced to sell! Lot split into four separately deeded parcels approved by the City of Tempe. Individual titling secured -- each unit is its own fee-simple lot. The Community Development Planning Division has APPROVED the Amended Subdivision Plat, meeting the Approval Criteria of Zoning and Development Code Section 6-307. This prime urban infill opportunity sits three blocks from Arizona State University. Each of the four parcels is designed for a three-story configuration with a ground-level garage and ~1,750 SF of living space across the first, second and third floors. In the heart of the ASU district, the property is minutes from dining, shopping, and entertainment along Mill Avenue and University Drive. Surrounded by year-round demand and strong long-term investment potential.

919 S Wilson Street Unit -, Tempe

Listing courtesy of Listing Agent: Fady Abuhmaidan (602-300-7332) from Listing Office: Urban and Company.

$379,000

Rare infill vacant lot opportunity in central Tempe! Situated at the end of a quiet cul-de-sac in established Tempe Gardens, this 13,255 sq. ft. parcel is one of the last remaining vacant homesites in the area. With generous dimensions and no HOA, the property offers flexible development potential ideal for a custom primary residence, multi-generational layout, or an accessory dwelling setup. Enjoy unbeatable central East Valley connectivity just minutes from Arizona State University, Mill Avenue dining and entertainment, Tempe Town Lake, and Tempe Marketplace. Quick access to US-60, Loop 101, and Loop 202 ensures seamless commutes across the Valley. A unique canvas in a fully built-out neighborhood where residential land rarely becomes available.

7019910 MLS

Rare infill vacant lot opportunity in central Tempe! Situated at the end of a quiet cul-de-sac in established Tempe Gardens, this 13,255 sq. ft. parcel is one of the last remaining vacant homesites in the area. With generous dimensions and no HOA, the property offers flexible development potential ideal for a custom primary residence, multi-generational layout, or an accessory dwelling setup. Enjoy unbeatable central East Valley connectivity just minutes from Arizona State University, Mill Avenue dining and entertainment, Tempe Town Lake, and Tempe Marketplace. Quick access to US-60, Loop 101, and Loop 202 ensures seamless commutes across the Valley. A unique canvas in a fully built-out neighborhood where residential land rarely becomes available.

136 E Fremont Drive Unit 261, Tempe

Listing courtesy of Listing Agent: Daniel E Kahn (480-282-0171) from Listing Office: E & G Real Estate Services.

$325,000

Great Investment Opportunity- Development already currently approved by the City of Tempe in an ''Opportunity Zone''. Subdivided for the possibility of 3 Detached Properties & a Common Area. Parking Spaces Already Accounted for in the Common Area Parcel/Lot. .Close Proximity to ASU, Mill Ave. & Tempe Amenities. A great find and investment opportunity.

7016914 MLS

Great Investment Opportunity- Development already currently approved by the City of Tempe in an ''Opportunity Zone''. Subdivided for the possibility of 3 Detached Properties & a Common Area. Parking Spaces Already Accounted for in the Common Area Parcel/Lot. .Close Proximity to ASU, Mill Ave. & Tempe Amenities. A great find and investment opportunity.

1063 W 5th Street Unit 3, Tempe

Listing courtesy of Listing Agent: Randy Courtney (480-705-9600) from Listing Office: Weichert, Realtors - Courtney Valleywide.

$649,000

Location! Location! Location! Rare Tempe Multifamily R-3 Lot/project with 101 Highway street frontage!. Seller may carry!! This lot was previously approved to build 8 units and the seller will hand over everything to the buyer at no cost. includes: architectural plans, engineering reports, and final approval package. Tempe is pushing for higher density for vacant lots. Seller has hundred's of thousands of dollars and hours into this project and buyer could reap the benefits or you can build whatever suits your needs. Buyer will have to resubmit everything to get permits reapproved but should not take long. Steps away from Apache Blvd,, Circle K on the corner, and new development next to & behind the lot. Don't miss this opportunity to own this high density/high exposure lot.

7002385 MLS

Location! Location! Location! Rare Tempe Multifamily R-3 Lot/project with 101 Highway street frontage!. Seller may carry!! This lot was previously approved to build 8 units and the seller will hand over everything to the buyer at no cost. includes: architectural plans, engineering reports, and final approval package. Tempe is pushing for higher density for vacant lots. Seller has hundred's of thousands of dollars and hours into this project and buyer could reap the benefits or you can build whatever suits your needs. Buyer will have to resubmit everything to get permits reapproved but should not take long. Steps away from Apache Blvd,, Circle K on the corner, and new development next to & behind the lot. Don't miss this opportunity to own this high density/high exposure lot.

1272 S Price Road Unit 80, Tempe

Listing courtesy of Listing Agent: John A Kovalik () from Listing Office: DeLex Realty.

$352,500

This 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. With Medium-Density Residential zoning already in place, the property supports the development of four townhome units, the configuration most aligned with demand trends, buildability, and exit value in this submarket. 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.

6994729 MLS

This 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. With Medium-Density Residential zoning already in place, the property supports the development of four townhome units, the configuration most aligned with demand trends, buildability, and exit value in this submarket. 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.

1201 S Farmer Avenue Unit 1, Tempe

Listing courtesy of Listing Agent: Olivia Guza (406-580-2876) from Listing Office: Compass.

Selling Office: Non-MLS Office.

$800,000

Includes plans 8 single family attached townhomes!! 5 Parcels included. Prime Development Opportunity on University Drive. Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

6987590 MLS

Includes plans 8 single family attached townhomes!! 5 Parcels included. Prime Development Opportunity on University Drive. Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

807 S George Drive Unit 1, Tempe

Listing courtesy of Listing Agent: William P Lewis (602-920-6297) from Listing Office: Williams Luxury Homes.

$1,300,000

READY TO BUILD, PERMITS READY TO BE PULLED. City-approved construction docs ready to go for a 13-unit modern apartment development. Fantastic rental area in Tempe. Hayden Lane Townhomes is planned with (9) 2-bedroom, 2.5-bathroom and (4) 3-bedroom, 2.5-bathroom units. They all have 4 private balconies per unit and each unit includes a two-car garage. The planned redevelopment is a highly compatible infill development of a vacant parcel surrounded mainly by multi-family residential uses in the larger area between McClintock Drive and Smith Road, and University Drive to Apache Boulevard. . The north side of Hayden Lane here has transitioned to exclusively multi-family uses over the last 60 years. Hayden Townhomes is very similar to the existing multi-family in the area. Owner Agent.

6978717 MLS

READY TO BUILD, PERMITS READY TO BE PULLED. City-approved construction docs ready to go for a 13-unit modern apartment development. Fantastic rental area in Tempe. Hayden Lane Townhomes is planned with (9) 2-bedroom, 2.5-bathroom and (4) 3-bedroom, 2.5-bathroom units. They all have 4 private balconies per unit and each unit includes a two-car garage. The planned redevelopment is a highly compatible infill development of a vacant parcel surrounded mainly by multi-family residential uses in the larger area between McClintock Drive and Smith Road, and University Drive to Apache Boulevard. . The north side of Hayden Lane here has transitioned to exclusively multi-family uses over the last 60 years. Hayden Townhomes is very similar to the existing multi-family in the area. Owner Agent.

1916 E Hayden Lane Unit -, Tempe

Listing courtesy of Listing Agent: Carrick Sears (602-327-0325) from Listing Office: SVN/Desert Commercial Advisors.

$150,000

LOWEST PRICED LOT IN ALL OF TEMPE! One of a kind opportunity to build on a ready to go lot in an established neighborhood right off the 101 and University Road! This 60x120 lot is perfectly situated less than 1/4 mile from the 101, approx 1 mile from the 202 and under 2.5 miles from the US 60. This is the perfect hub to ASU, Downtown Phoenix, Scottsdale but also connects you to the other East Valley cities! Quiet neighborhood!

6971239 MLS

LOWEST PRICED LOT IN ALL OF TEMPE! One of a kind opportunity to build on a ready to go lot in an established neighborhood right off the 101 and University Road! This 60x120 lot is perfectly situated less than 1/4 mile from the 101, approx 1 mile from the 202 and under 2.5 miles from the US 60. This is the perfect hub to ASU, Downtown Phoenix, Scottsdale but also connects you to the other East Valley cities! Quiet neighborhood!

2332 E Maryland Drive, Tempe

Listing courtesy of Listing Agent: Justin Cook () from Listing Office: RE/MAX Solutions.

Selling Office: Evergreen Realty LLC.

$1,700,000

SHOVEL READY - Prime builder opportunity in the highly desirable Tally Farms neighborhood! Nearly 2 acres approved for two 6,200 sq. ft. luxury homes (APNs 301-52-984 & 985). All plans approved and permits paid, allowing construction to start immediately—saving months in the city process. Each home features 6 bed / 6.5 bath layouts with attached casitas. City sewer, water and electric at the street; buried propane tanks permitted. Upcoming comp closing 12/5/25 at $7.2M confirms strong upside potential. Ideal turnkey project for builders or investors. Seller prefers to sell both lots together.

6937547 MLS

SHOVEL READY - Prime builder opportunity in the highly desirable Tally Farms neighborhood! Nearly 2 acres approved for two 6,200 sq. ft. luxury homes (APNs 301-52-984 & 985). All plans approved and permits paid, allowing construction to start immediately—saving months in the city process. Each home features 6 bed / 6.5 bath layouts with attached casitas. City sewer, water and electric at the street; buried propane tanks permitted. Upcoming comp closing 12/5/25 at $7.2M confirms strong upside potential. Ideal turnkey project for builders or investors. Seller prefers to sell both lots together.

7026 E Warner Road Unit -, Tempe

Listing courtesy of Listing Agent: Andrew Pitts (480-793-9767) from Listing Office: GNS Realty- AZ, LLC.

Selling Office: Real Broker.

$340,000

Maricopa County Parcel 124-31-098D, nka 124-31-324, 325 & 326 - This is .21-acres / 9,310 sqft, three contiguous infill lots zoned R3 multi-family. This parcel will be a great development opportunity near Tempe Town Lake, Tempe Beach Park, ASU, and Sky Harbor Airport. Prior owner split the lots for three Town Homes to be built. REO property, sold as-is, priced for quick sale.

6848942 MLS

Maricopa County Parcel 124-31-098D, nka 124-31-324, 325 & 326 - This is .21-acres / 9,310 sqft, three contiguous infill lots zoned R3 multi-family. This parcel will be a great development opportunity near Tempe Town Lake, Tempe Beach Park, ASU, and Sky Harbor Airport. Prior owner split the lots for three Town Homes to be built. REO property, sold as-is, priced for quick sale.

321 S Hardy Drive Unit '-', Tempe

Listing courtesy of Listing Agent: Timothy W Schutt (480-313-2246) from Listing Office: Wrangler Real Estate.

Selling Office: Grand Canyon Realty.

$309,000

GREAT NEW PRICE! Seller wants it sold! This wonderful lot is the second lot from a lot split where the adjoining lot has already sold. Don't miss the opportunity on one of the best located lots in the highly sought after Maple - Farmer - Ash District of Tempe, that offers significant potential for development or investment. This listing is for the lot which abuts to the alley and fronts to 12th St and sits at 4,613 sq ft. Zoned R-2 with potential to build a home and ADU whether to live in or rent out. This prime lot is strategically located near Arizona State University, shops, restaurants, and other attractions, making it ideal for investment or personal use. As ASU grows, so does the need for housing in the area. This is an opportunity for very savvy buyers.

6821625 MLS

GREAT NEW PRICE! Seller wants it sold! This wonderful lot is the second lot from a lot split where the adjoining lot has already sold. Don't miss the opportunity on one of the best located lots in the highly sought after Maple - Farmer - Ash District of Tempe, that offers significant potential for development or investment. This listing is for the lot which abuts to the alley and fronts to 12th St and sits at 4,613 sq ft. Zoned R-2 with potential to build a home and ADU whether to live in or rent out. This prime lot is strategically located near Arizona State University, shops, restaurants, and other attractions, making it ideal for investment or personal use. As ASU grows, so does the need for housing in the area. This is an opportunity for very savvy buyers.

112 W 12th Street Unit -, Tempe

Listing courtesy of Listing Agent: Patrick Brown (310-614-0240) from Listing Office: Compass.

$342,500

LOCATION, LOCATION, LOCATION!! MAPLE FARMER ASH DISTRICT. MAJOR PRICE REDUCTION TO GET THIS LOT SOLD! This listing presents a unique chance to acquire one of two approved parcels from a recent lot split in the highly desirable Maple - Farmer - Ash District of Tempe. Each parcel offers significant potential for development or investment. This listing is for the **Front Lot:** at 5,277 sq ft. and can be combined back with the 2nd lot adjacent to it which is 4,613 sq ft. These prime lots are strategically located near Arizona State University, shops, restaurants, and other attractions, making them ideal for investment or personal use.

6821621 MLS

LOCATION, LOCATION, LOCATION!! MAPLE FARMER ASH DISTRICT. MAJOR PRICE REDUCTION TO GET THIS LOT SOLD! This listing presents a unique chance to acquire one of two approved parcels from a recent lot split in the highly desirable Maple - Farmer - Ash District of Tempe. Each parcel offers significant potential for development or investment. This listing is for the **Front Lot:** at 5,277 sq ft. and can be combined back with the 2nd lot adjacent to it which is 4,613 sq ft. These prime lots are strategically located near Arizona State University, shops, restaurants, and other attractions, making them ideal for investment or personal use.

1190 S Maple Avenue Unit 2, Tempe

Listing courtesy of Listing Agent: Patrick Brown (310-614-0240) from Listing Office: Compass.

Selling Office: HomeSmart.

$485,000

Rare opportunity for an urban multi-family infill lot just three blocks from ASU. The property is re-zoned for 4 units, with building plans currently in the approval process. Located steps away from popular dining, shopping, and amenities on Mill and University Avenue, including Whole Foods, Oregano's, Pita Jungle, Starbucks, and more. Positioned at the heart of the ASU experience, this development promises strong demand and excellent rental potential

6812411 MLS

Rare opportunity for an urban multi-family infill lot just three blocks from ASU. The property is re-zoned for 4 units, with building plans currently in the approval process. Located steps away from popular dining, shopping, and amenities on Mill and University Avenue, including Whole Foods, Oregano's, Pita Jungle, Starbucks, and more. Positioned at the heart of the ASU experience, this development promises strong demand and excellent rental potential

919 S Wilson Street Unit 5, Tempe

Listing courtesy of Listing Agent: Molly Rodham () from Listing Office: Compass.

Selling Office: Aurumys.

$350,000

Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.

6803583 MLS

Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.

48 W Thomas Lane Unit 1, Tempe

Listing courtesy of Listing Agent: Trina Jonas (480-744-1580) from Listing Office: Real Broker.

Selling Office: AZ Brokerage Holdings, LLC.

$525,000

Great lot to build custom home. Conveniently located near freeway access and minutes to down town Tempe.

6797646 MLS

Great lot to build custom home. Conveniently located near freeway access and minutes to down town Tempe.

6320 S Shannon Drive Unit 9, Tempe

Listing courtesy of Listing Agent: Randy Courtney (480-705-9600) from Listing Office: Weichert, Realtors - Courtney Valleywide.

$100,000

Ideally situated parcel in the heart of Tempe with shopping, dining and entertainment moments away. Take advantage of the proximity to Arizona State University's large Tempe Campus with ease of access to Loops 101 and 202. No HOA and zoned AG with flood irrigation. Horses are allowed. Located in a Qualified Opportunity Zone. (NOTE-THIS PROPERTY IS THE SIXTH LOT BACK FROM UNIVERSITY DRIVE- APN 132-39-002D). Adjacent lots totaling over 1.6 acres with frontage on University Drive also available. Located in The City of Tempe's Smith Industrial Innovation Hub.

6784718 MLS

Ideally situated parcel in the heart of Tempe with shopping, dining and entertainment moments away. Take advantage of the proximity to Arizona State University's large Tempe Campus with ease of access to Loops 101 and 202. No HOA and zoned AG with flood irrigation. Horses are allowed. Located in a Qualified Opportunity Zone. (NOTE-THIS PROPERTY IS THE SIXTH LOT BACK FROM UNIVERSITY DRIVE- APN 132-39-002D). Adjacent lots totaling over 1.6 acres with frontage on University Drive also available. Located in The City of Tempe's Smith Industrial Innovation Hub.

1986 E University Drive Unit -, Tempe

Listing courtesy of Listing Agent: Hani Aldulaimi (480-900-8484) from Listing Office: Keller Williams Realty Phoenix.

Selling Office: Keller Williams Realty Phoenix.

$550,000

Prime Development Opportunity on University Drive. - Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

6771125 MLS

Prime Development Opportunity on University Drive. - Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

807 S George Drive Unit 1-4, Tempe

Listing courtesy of Listing Agent: Dan Gonen (888-554-6636) from Listing Office: RE/MAX Excalibur.

Selling Office: Grand Canyon Realty.

$219,500

Exceptional investment opportunity in Tempe, just moments from ASU! This versatile vacant lot, zoned for diverse building options, is perfect for constructing a single-family home, duplex, or fourplex. Located in a vibrant neighborhood in the heart of Tempe, it offers tremendous potential for rental income or a personal residence. Capitalize on the proximity to ASU and maximize your returns in one of the hottest markets around. Don't let this unique chance to develop a prime piece of real estate slip away—ideal for investors and developers aiming for success!

6723116 MLS

Exceptional investment opportunity in Tempe, just moments from ASU! This versatile vacant lot, zoned for diverse building options, is perfect for constructing a single-family home, duplex, or fourplex. Located in a vibrant neighborhood in the heart of Tempe, it offers tremendous potential for rental income or a personal residence. Capitalize on the proximity to ASU and maximize your returns in one of the hottest markets around. Don't let this unique chance to develop a prime piece of real estate slip away—ideal for investors and developers aiming for success!

1120 S Bonnie Lane Unit 3, Tempe

Listing courtesy of Listing Agent: Shaianne Coleman (623-201-9261) from Listing Office: RETSY.

Selling Office: Grand Canyon Realty.

$219,500

Exceptional investment opportunity in Tempe, just moments from ASU! This versatile vacant lot, zoned for diverse building options, is perfect for constructing a single-family home, duplex, or fourplex. Located in a vibrant neighborhood in the heart of Tempe, it offers tremendous potential for rental income or a personal residence. Capitalize on the proximity to ASU and maximize your returns in one of the hottest markets around. Don't let this unique chance to develop a prime piece of real estate slip away—ideal for investors and developers aiming for success!

6719639 MLS

Exceptional investment opportunity in Tempe, just moments from ASU! This versatile vacant lot, zoned for diverse building options, is perfect for constructing a single-family home, duplex, or fourplex. Located in a vibrant neighborhood in the heart of Tempe, it offers tremendous potential for rental income or a personal residence. Capitalize on the proximity to ASU and maximize your returns in one of the hottest markets around. Don't let this unique chance to develop a prime piece of real estate slip away—ideal for investors and developers aiming for success!

1116 S Bonnie Lane Unit 2, Tempe

Listing courtesy of Listing Agent: Shaianne Coleman (623-201-9261) from Listing Office: RETSY.

Selling Office: Grand Canyon Realty.

$818,750

Back on the Market. Amazing Opportunity. Situated adjacent to Arizona State University in Tempe, this remarkable multi-dwelling parcel presents an unparalleled opportunity for development. With full approval granted for the construction of 11 townhomes by the city of Tempe. Each townhome, spanning 1635 SQFT, boasts a spacious layout featuring 3 bedrooms, 3 bathrooms, and a 2 tandem car garage, catering to modern living needs. Currently in the final stages of securing approval from the city, offering a prime infill location ripe for immediate action. Whether the aim is to build, hold, sell, or rent, this project stands as a testament to potential and opportunity. Don't let this chance slip away; seize this extraordinary opportunity in the heart of Tempe.

6711106 MLS

Back on the Market. Amazing Opportunity. Situated adjacent to Arizona State University in Tempe, this remarkable multi-dwelling parcel presents an unparalleled opportunity for development. With full approval granted for the construction of 11 townhomes by the city of Tempe. Each townhome, spanning 1635 SQFT, boasts a spacious layout featuring 3 bedrooms, 3 bathrooms, and a 2 tandem car garage, catering to modern living needs. Currently in the final stages of securing approval from the city, offering a prime infill location ripe for immediate action. Whether the aim is to build, hold, sell, or rent, this project stands as a testament to potential and opportunity. Don't let this chance slip away; seize this extraordinary opportunity in the heart of Tempe.

1006 S Mcclintock Drive Unit 2, Tempe

Listing courtesy of Listing Agent: M Shahbaz Khan (602-570-4643) from Listing Office: Realty ONE Group.

Selling Office: Realty ONE Group.

$310,000

Great opportunity to own a piece of land close to ASU.

6707639 MLS

Great opportunity to own a piece of land close to ASU.

48 W Thomas Lane Unit 12, Tempe

Listing courtesy of Listing Agent: Asher Cohen () from Listing Office: Realty ONE Group.

Selling Office: H&M Arizona Real Estate Brokerage, LLC.

$875,000

Located at 2105 S Terrace Rd in Tempe, AZ, this approximately 0.729-acre property lies just south of Broadway Rd and within a mile of Arizona State University, making it an exceptional opportunity for development. With its convenient location close to ASU's vibrant campus life, the property offers easy access to amenities and transportation routes, presenting an ideal setting for various uses. This property holds significant potential for investors and developers seeking to capitalize on this thriving area, making it a compelling investment opportunity in the Tempe real estate market.

6704901 MLS

Located at 2105 S Terrace Rd in Tempe, AZ, this approximately 0.729-acre property lies just south of Broadway Rd and within a mile of Arizona State University, making it an exceptional opportunity for development. With its convenient location close to ASU's vibrant campus life, the property offers easy access to amenities and transportation routes, presenting an ideal setting for various uses. This property holds significant potential for investors and developers seeking to capitalize on this thriving area, making it a compelling investment opportunity in the Tempe real estate market.

2105 S Terrace Road Unit -, Tempe

Listing courtesy of Listing Agent: Beth Jo Zeitzer (602-319-1326) from Listing Office: R.O.I. Properties.

Selling Office: Non-MLS Office.

$750,000

Over 1/3 of an acre lot surrounded by multi-family - a perfect place to redevelop and benefit from the strong rental demand in the heart of Tempe. Current structure can be razed. Recent major capital investment projects in close proximity include luxury apartments and Class A office space. Those familiar with the market know these infill lots are very rare, a savvy buyer will not hesitate to jump on this. A few blocks from the plentiful amenities along Tempe Town Lake and Mill Avenue, various large employers including ASU and easy access to freeways make this location ideal for your next project. Grandfathered irrigation rights. Property has been in the family for 70+ years and structures are 1950's era, PLEASE DO NOT ENTER STRUCTURES.

6688759 MLS

Over 1/3 of an acre lot surrounded by multi-family - a perfect place to redevelop and benefit from the strong rental demand in the heart of Tempe. Current structure can be razed. Recent major capital investment projects in close proximity include luxury apartments and Class A office space. Those familiar with the market know these infill lots are very rare, a savvy buyer will not hesitate to jump on this. A few blocks from the plentiful amenities along Tempe Town Lake and Mill Avenue, various large employers including ASU and easy access to freeways make this location ideal for your next project. Grandfathered irrigation rights. Property has been in the family for 70+ years and structures are 1950's era, PLEASE DO NOT ENTER STRUCTURES.

351 S Wilson Street Unit -, Tempe

Listing courtesy of Listing Agent: Hani Aldulaimi (480-900-8484) from Listing Office: Keller Williams Realty Phoenix.

Selling Office: eXp Realty.

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