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Residential Land for Sale in Tempe, Arizona

1272 S Price Rd, Tempe, AZ 85281

$699,000
0.36 acres
Active
$51k drop
Est $4,878/mo

Tempe R3 Lot for sale! Ready to build 7 spacious two bedroom/2 bath units with additional flex space/office. Includes architectural plans, engineering, and all other documentation to go to permits and start construction. Excellent location with excellent street frontage on 101 Freeway(Price rd.) New units built next door. Hard to find lot with everything ready to go. This lot is located in the Apache Redevelopment zone. You have immediate access to the freeway and walking distance to the light rail park and ride. Thousands of dollars and several years of time invested by the seller into developing the lot for maximum multi-family use. Seller may carry with 1/2 down and negotiated terms. Don't let this opportunity pass you by as it can take years to get it to this point. Thank you

Location

Street address
1272 S Price Rd
Community
Lola Vista
School district
Tempe Union High School District
Elevation
1,191 feet
Coordinates
33.4158, -111.8924

Directions

Next to circle K/West on Apache Blvd/Right(N) on River/Right(E) on Howe/Right(S) to lot north of Circle K

Property details

Lot size
0.36 acres15,682 sq ft
Zoning
R3
MLS #
ARMLS 6891318
Posted

Property taxes

2024
$1,279

Parcels

  • 132-72-040

Legal description

Listing history

DateEventPriceChangeSource
Sept 17, 2025Price drop$699,000$51,000 -6.8%ARMLS
July 11, 2025New listing$750,000ARMLS
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This 0.36-acre property is located at 1272 S Price Rd in Tempe, AZ 85281. The property is available for sale for $699,000.

Checked 13 mins ago — Updated

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