1117 E Spence Avenue Unit #-, Tempe, AZ 85281

$1,075,000
List Price
$1,075,000
Status
ACTIVE
Days on Market
68
MLS#
6509255
City
Tempe
Lot Size
13,000
Acres
0.28

Property Description

BEST LOCATION IN TEMPE plus this parcel is in Tempe Opportunity Zone Area. This project is fully approved and ready for development. Great Opportunity to build in the heart of Tempe. This lot has been rezoned into 6 lots and a fully approved site plan to build 6 town home is ready for development. A minute or two walk to Arizona State University. You don't have to wait for years to get your project approved by the city. Each town home will be over 2000 SQFT. The brand new units this size in Tempe are selling between $750-$850k. Days on the market due to delay in the approvals by the city. NOW fully approved and ready to start construction. Priced to sell.

Additional Information

Taxes
$2,100
Zoning
R-4
Zoned Presently
Multi-Family
Existing Land Use
Residential Lot
Potential Use
Multi-Family
Subdivision
Halsingborg
Electric
SRP
Gas
None
Water
Irrigation Pipe
Sewer
Sewer - Public
New Financing
Cash
Elementary School
Tempe Academy Of International Studies McKemy Campus
Middle School
Tempe High School
High School
Tempe High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group.

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