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411 W 5th Street, Tempe, AZ 85281

$1,750,000

  • For Sale
  • Active
  • Lots/Land
  • 0.58 Acres
411 W 5th Street, Tempe, AZ 85281View this property at 411 W 5th Street, Tempe, AZ 85281
411 W 5th StreetTempeAZ85281

Property Description

Downtown Tempe Farmer Avenue Arts District! 2 blocks to Mill Avenue. This may be about the last opportunity to own or develop property in downtown Tempe. Lot includes 2 single family homes and 25,125 square feet of walk to Mill or Tempe Town Lake property. Currently zoned R3 with ability to put 12 units. Bonus, this parcel is also located within the Transportation overlay District providing more relaxed restrictions, higher density, and the potential to rezone with a 50' height. Property owner has submitted an RFP to develop property. Once the shoveling begins, the property will be taken off the market. If you have interest - don't wait this opportunity is going away soon.

Full Property Details for 411 W 5th Street

General

  • Price: $1,750,000
  • Taxes: $4,150 (2015)
  • Status: Active
  • Type: Lots/Land
  • MLS ID: 5456675
  • Updated: 7/19/2017
  • Added: 618 day(s) ago

Property History

  • 411 W 5th Street, Tempe, AZ
  • Increased to $1,750,000 on 7/19/17
  • Listed at $1,500,000 on 6/13/16

Location

  • County: Maricopa
  • Subdivision: ORTH SUB MCR 33/40 LOT 3, 4, & 5
  • Cross Streets: 5th Street and Farmer - 2 Blocks from Mill Avenue
  • Driving Directions: On South side of 5th Street 1 Parcel west of Farmer (3 Contiguous Parcels)

School Information

  • Elem School District: 003 - Tempe School District
  • High School District: 213 - Tempe Union High School District
  • Elementary School: Scales Technology Academy
  • Middle School: Gililland Middle School
  • High School: Tempe High School

Utilities

  • Gas: SW Gas
  • Sewer: Public Sewer
  • Water: City Franchise

Lot Features

  • Lot Size (Acres): 0.58
  • Lot Size (Sq. Ft.): 25,125
  • Lot Size Range: .50 - .99 Acres
  • Lot Dimensions: 150 FRONTAGE x 168 DEEP
  • Land Use: Residential Lot
  • Potential Use: Single Family, Office, Multi-Family
  • Zoning: R3, Multi-Family

Financial Considerations

  • For Sale: Yes
  • Tax Amount: $4,150
  • Tax Year: 2015
  • Terms: Other (See Rmks)

Disclosures and Reports

  • Special Conditions: Owner/Agent
  • Lot: 3, 4, 5

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Schools

Schools serving 411 W 5th Street

School District:
Tempe School District, Tempe Union High School District
School Name
Grades
Distance
Scales Technology Academy
1115 W 5th St, Tempe, AZ 85281
K-5
0.6 mi
Gililland Middle School
1025 S Beck Ave, Tempe, AZ 85281
6-8
0.8 mi
Tempe High School
1730 South Mill Avenue, Tempe, AZ 85281
9-12
1.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 411 W 5th Street

411 W 5th Street, Tempe, AZ 85281 (MLS# 5456675) is a Lots/Land property with a lot size of 0.58 acres. 411 W 5th Street is currently listed for $1,750,000 and was received on June 13, 2016. Want to learn more about 411 W 5th Street? Do you have questions about finding other Lots/Land real estate for sale in Tempe? You can browse all Tempe real estate or contact a Coldwell Banker agent to request more information.

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