2105 S TERRACE Road -, Tempe, AZ 85282

$875,000
Property Type: Land Lot Size (sq. ft.): 31,763 Status: Closed
Current Price: $875,000 List Date: 5/13/2024 Last Modified: 2/21/2025

Overview

Description

Located at 2105 S Terrace Rd in Tempe, AZ, this approximately 0.729-acre property lies just south of Broadway Rd and within a mile of Arizona State University, making it an exceptional opportunity for development. With its convenient location close to ASU's vibrant campus life, the property offers easy access to amenities and transportation routes, presenting an ideal setting for various uses. This property holds significant potential for investors and developers seeking to capitalize on this thriving area, making it a compelling investment opportunity in the Tempe real estate market.

Listing Details MLS# 6704901

Location, Tax & Legal

House Number
2105
Compass
S
Street Name
TERRACE
St Suffix
Road
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Zip4
2528
Country
US
County Code
Maricopa
Assessor Number
133-30-006
Tax Year
2023
Lot #
-
Assessor's Map #
30
Legal Description (Abbrev)
S 210F OF E 190F N2 E2 NW4 NW4 EX S 8F EX W 30F T H/OF & EX 15 X 15 TR SE COR TH/OF
Assessor's Parcel #
6
Add'l Parcels
No
Tax Municipality
Tempe
Census Tract
319500
Taxes
6266

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.73
Apx Total Acres G/N
G
Price Per Acre
1438356.16
Apx SqFt
31763
Price Per SqFt
33.06
Apx SqFt G/N
G
Lot Size Dimensions
202x160x202x160
Zoning
C-C
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District

Remarks Misc

Cross Street
Broadway & Rural
Directions
Head east on Broadway Rd, turn right onto Terrace Rd, property will be on left side of road.

Status Change Info

Off Market Date
2024-11-13
Under Contract Date
2024-11-13
Close of Escrow Date
2025-02-21

Legal Info

Township
1N
Range
4E
Section
26
Lot Number
-

More Information

Showing Notification Methods

Showing Service
No Showing Service Used

Sold Info

Loan Type
Other
Closing Cost Split
Normal - N
Payment Type
Other
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
1050000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

None
Yes

Existing Land Use

Commercial Lot
Yes

Zoned Presently

Commercial
Yes

Parcel Size

.50 - .99 Acres
Yes

Water Source

See Remarks
Yes

Sewer

Other
Yes

Electric

Other (See Rmks)
Yes

Gas

Other (See Rmks)
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Other (See Rmks)
Yes

Distance to Phone

Call Listing Office
Yes

Distance to Water

Call Listing Office
Yes

Distance to Electric

Call Listing Office
Yes

Distance to Gas

Call Listing Office
Yes

Distance to Sewer

Call Listing Office
Yes

Reports/Disclosures

Other (See Rmks)
Yes

Environmental

Other (See Rmks)
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot Zoned Presently: Commercial Parcel Size: .50 - .99 Acres Water Source: See Remarks Sewer: Other Electric: Other (See Rmks) Gas: Other (See Rmks) Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office New Financing: Other (See Rmks) Environmental: Other (See Rmks) Lockbox Type: None
IDX
Listing Office: R.O.I. Properties
Last Updated: February - 21 - 2025
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