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1063 W 5th Street

Tempe, AZ 85281

– beds
– baths
– sqft
10,447 sqft lot
– on site

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.

Listing courtesy of ARMLS / LPT Realty, LLC

Last checked: Checking… • Last updated Apr 15, 2024 •

MLS# 6667908 —

The Building

Year Built:

None
Builder Name:

None
New Construction:

No
Construction Materials:

None
Architectural Style:

None
Roof:

None
Basement:

No
Basement:

None
Direction Faces:

None
Exterior Features:

None
Patio And Porch Features:

None
Security Features:

None
Stories Total:

None

Interior

Interior Features:

None
Living Area:

None
Furnished:

None
Rooms Total:

None
Flooring:

None
Fireplace:

No
Fireplace Features:

None
Fireplaces Total:

None
Accessibility Features:

None

Room Dimensions

Living Area Units:

None

Financial & Terms

Land Lease:

No
Home Warranty:

No

Location

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.
Cross Street:

University Dr & Hardy St

The Property

Property Type:

Land
Property Condition:

None
Zoning:

R-3
Development Status:

See Remarks, Raw Land
Lot Features:

Other, See Remarks
Lot Size:

None
Lot Size Area:

0.03
Lot Size Acres:

0.03
Lot Size SqFt:

10447.0
Lot Size Dimensions:

50.01 x 208.94
Lot Size Units:

Acres
# of Lots:

4
Parcel Number:

124-36-188
Additional Parcels:

true
Possible Use:

Single Family, Multi-Family
View:

None
Waterfront:

No
Fencing:

Block
Horse:

false
Other Structures:

None
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

1
Tax Map Number:

36.00
Tax Book Number:

124.00
Tax Annual Amount:

327.0
Tax Legal Description:

LOT 1 TREBLE MCR 149024

Beds

Bedrooms Possible:

None

Baths

Full Baths:

None
Half Baths:

None
Partial Baths:

None
Three Quarter Baths:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Possession:

None
Buyer Agency Compensation:

3.00

Heating & Cooling

Heating:

No
Heating:

None
Cooling:

No
Cooling:

None

Utilities

Utilities:

None
Electric:

APS
Sewer:

Sewer - Available
Water Source:

City Franchise

Appliances

Appliances:

None

Schools

Elementary School:

Scales Technology Academy
Elementary School District:

Tempe Elementary School District
Middle Or Junior School:

Geneva Epps Mosley Middle School
High School:

Tempe High School
High School District:

Tempe Union High School District

The Community

Subdivision Name:

TREBLE
Senior Community:

No
Community Features:

None
Pool Private:

No
Spa Features:

None
Pets Allowed:

None
Association:

false
Association Amenities:

None

Parking

Garage:

No
Garage Spaces:

None
Attached Garage:

No
Carport Spaces:

None
Covered Spaces:

None
Parking Total:

None
Parking Features:

None
Open Parking Spaces:

None
Association Fee Includes:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/15/24 Apr 15, 2024	Price Changed	ARMLS	$425,000	-5.6%
2/23/24 Feb 23, 2024	Listed / Active	ARMLS	$450,000	26.8% (13.0% / YR)
2/2/22 Feb 2, 2022		ARMLS	$355,000

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This plot of land located in Downtown Tempe - Rio Salado, Tempe, AZ 85281 is currently for sale for $425,000. 1063 W 5th Street is a – square foot plot of land with – beds and – baths that has been on Estately for 66 days. 1063 W 5th Street is in the Downtown Tempe - Rio Salado neighborhood of Tempe and has a WalkScore® of 71, making it very walkable. This plot of land is in the attendance area of Scales Technology Academy, Gililland Middle School, and Tempe High School.

Listing Courtesy of: ARMLS and LPT Realty, LLC.

This ARMLS logo indicates a property listed by a real estate brokerage other than Estately, Inc. © 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Estately assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This property listing is offered without respect to any protected classes in accordance with the law.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.