*Seller Financing Available* If you're seeking a prime real estate opportunity in Tempe, Arizona, look no further than these four vacant parcels located in the R-3 zoning district. Situated just five minutes from downtown Tempe, this land offers a rare chance to capitalize on the city's vibrant urban atmosphere while enjoying the tranquility of a residential neighborhood. Subdivided for the possibility of 3 detached properties and a common area. The R-3 zoning designation allows for both single family and multi-family developments. Whether you're a developer looking to build a new community or an investor seeking to capitalize on Tempe's growing housing market, these parcels offer endless potential in one of Arizona's most dynamic cities.
Property Details
Property Features
Listing Office:
Office Name: LPT Realty, LLC
Office Phone: (877) 366-2213
Listing Agent: Sumer Emineth, Braylon Hanson
Lot Features
Lot Information:
Lot: Other, See Remarks
Lot Size: 0.03 Acres
Other
Directions Information:
Directions: On south side of 5th St. between Beck & Hardy. Just east of Scales Technology Academy Elementary School. Use the adjacent apartment entrance/road to access the property.
Price Information
Listing Price Info
Price Summary:
List Price: $375,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Scales Technology Academy
1115 W 5th St
Distance between this listing and this school0.06 miles
Public District Grades KG-5
2
/10
Holdeman Elementary School
1326 W 18th St
Distance between this listing and this school1.10 miles
Public District Grades KG-5
6
/10
Broadmor Elementary School
311 E Aepli Dr
Distance between this listing and this school1.87 miles
Public District Grades KG-5
Nearby Schools
2
/10
Gililland Middle School
1025 S Beck Ave
Distance between this listing and this school0.55 miles
Public District Grades 6-8
6
/10
McKemy Academy of International Studies
2250 S College Ave
Distance between this listing and this school1.90 miles
Public District Grades 6-8
3
/10
Laird Elementary School
1500 N Scovel St
Distance between this listing and this school2.40 miles
Public District Grades PK-8
Nearby Schools
4
/10
Tempe High School
1730 S Mill Ave
Distance between this listing and this school1.40 miles
Public District Grades 9-12
5
/10
Asu Preparatory Academy Digital
1130 E University Dr Ste 230
Distance between this listing and this school1.94 miles
Public Charter Grades KG-12
2
/10
Ombudsman - Charter Northeast
1290 N Scottsdale Rd Ste 13
Distance between this listing and this school1.97 miles
The neighbors living near this home have an average income of $35,728. The majority of Tempe, AZ residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1063 W 5th Street 1-3 & Tract A
What is the listing price of this property?
The listing price of 1063 W 5th Street 1-3 & Tract A property is $375,000.
What type of property is this?
The property 1063 W 5th Street 1-3 & Tract A is land located in Tempe, Arizona, 85281.
Is this property for sale now?
Active Listing: 1063 W 5th Street 1-3 & Tract A is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 1063 W 5th Street 1-3 & Tract A is 0.03 acres.
Interested in 1063 W 5th Street 1-3 & Tract A? Let's connect.
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This home is located at 1063 W 5th Street 1-3 & Tract A in Tempe, AZ and zip code 85281 in the Sunset neighborhood. This home sits on a 0.03 acre lot. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $375,000.
In November 2024, from all listings sold in Tempe, AZ there were more than 13 sold above asking price, over 46 sold below and more than 23 were sold right at the asked price. Between October 2024 and November 2024, Tempe, AZ real estate market has seen decrease in the number of listings by 3.3%. In November 2024, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $479,747.
From Rocket Homes Real Estate and based on county public records data.