$1,700,000
Tempe, AZ 85281
MLS# 6660842
1 / 1
Property Description
Here it is, the Multi-Family HIGH DENSITY opportunity you've been waiting for. Located by ASU and the heart of Tempe. This is two parcels totaling 30,882 SqFt (1871 & 1879 E Hayden Lane). Zoned R4, High Density. Perfect for a brand new apartment complex, This property has been in the family for nearly 6 decades, and it's finally available for development. Don't blink, there are very few large parcels like this available, let alone in such a fantastic, central location with high rents. Buyer to verify all information.
Details
Maps
Contract Information
Current Price: $1,700,000
List Price: $1,700,000
Status: Active
List Date: 2024-02-01
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.5
Variable Commission: Y
Location, Tax & Legal
House Number: 1871
Compass: E
Street Name: HAYDEN
St Suffix: Lane
Lot #: D
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 4412
Country: USA
County Code: Maricopa
Assessor's Map #: 63
Assessor's Parcel #: 11
Add'l Parcels: Yes
Assessor Number: 132-63-011
Legal Description (Abbrev): ANNEX TO HALE ACRES A SUB OF LOT 7 E 85' OF W 135' OF LOT D ALSO TH PT OF TR A WH LIES ADJ ON
Subdivision: ANNEX TO HALE ACRES
Census Tract: 319201
Tax Municipality: Tempe
Taxes: 2957
Tax Year: 2023
General Property Description
Apx Total Acres: 0.71
Apx Total Acres G/N: N
Price Per Acre: 2394366.2
Apx SqFt: 30880
Price Per SqFt: 55.05
Apx SqFt G/N: N
Lot Size Dimensions: 202x160
Zoning: R4 High Density
Elementary School: Flora Thew Elementary School
Jr. High School: Connolly Middle School
High School: Tempe High School
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Remarks & Misc
Geo Lat: 33.418669
Geo Lon: -111.906291
Status Change Info
Status Change Date: 2024-02-07
Legal Info
Township: 1N
Range: 4E
Section: 24
Lot Number: D
Pmt & Rate Info
Equity: 1700000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage
Zoned Presently: Multi-Family; Office
Potential Use: Multi-Family; Office; Retail
Parcel Size: .50 - .99 Acres
Current Density: 40+ Units P/Acre
Proposed Density: 40+ Units P/Acre
Development Status: Raw Land; See Remarks
Topography: Level
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
New Financing: CTL
Reports/Disclosures: None
Environmental: None
Lockbox Type: None
Listing Office: Hague Partners
Last Updated: February - 27 - 2024
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