2415 S RURAL Road, Tempe, AZ 85282

$700,000
Property Type: Residential Square Footage: 2,507 Lot Size (sq. ft.): 16,143 Status: Closed
Current Price: $700,000 List Date: 9/25/2022 Last Modified: 4/21/2025

Overview

Description

Rural Road and Broadway is a rare commercial/residential opportunity located in the heart of Arizona State University and Downtown Tempe. Located 0.75 miles south of the main ASU campus, this prime 0.4 acre property is zoned within the R-O district, which permits new development at the residential scale, or conversion of residential structures for use as professional commercial offices or other limited service uses. It also permits continuation of residential uses or reconversions to residential uses. Currently set up as a medical/dental service, plans are in process (not submitted) for a commercial/residential mixed use development. Located on the Northeast corner of E Loma Vista Drive and South Rural Road, clocking over 50,000 cars per day, this is one of the premier locations for new

Supplements: development opportunities. All plans, architectural drawings and designs will convey with the sale. By Appointment Only!

Listing Details MLS# 6468816

Location, Tax & Legal

Map Code/Grid
R37
House Number
2415
Compass
S
Street Name
RURAL
St Suffix
Road
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Zip4
2440
Country
US
County Code
Maricopa
Assessor Number
133-42-001
Subdivision
HUGHES ACRES
Tax Year
2022

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
Approx SQFT
2507
Price/SqFt
279.22
Horses
N
Builder Name
unkwn
Year Built
1982
Approx Lot SqFt
16143
Approx Lot Acres
0.371
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
Hughes Acres
Marketing Name
ASU Transitional
Elementary School District
Tempe Elementary School District
High School District
Tempe Union High School District
Elementary School
Broadmor Elementary School
Jr. High School
Tempe Academy Of International Studies McKemy Campus
High School
Tempe High School

Remarks Misc

Cross Street
Broadway Road & S Rural Road

Status Change Info

Off Market Date
2022-12-02
Under Contract Date
2022-11-23
Close of Escrow Date
2022-12-01

Legal Info

Township
1N
Range
4E
Section
26
Lot Number
Yes

More Information

Basement

Basement Y/N
Y

Parking Spaces

Slab Parking Spaces
20

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$

Property Features

Special Listing Cond: N/A Add'l Property Use: Res/Business Use Ok; Other Master Bathroom: Other (See Remarks) Spa: None Dining Area: Other (See Remarks) Kitchen Features: None Laundry: None Basement Description: Full Exterior Features: Other Parking Features: Gated Construction: Block Const - Finish: Other (See Remarks) Roofing: Other Cooling: See Remarks Heating: See Remarks Utilities: SRP; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Other; See Remarks Landscaping: Desert Front; Desert Back Showing Notification Methods: Text; Email; Phone Call Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; 1031 Exchange Disclosures: Other (See Remarks)
IDX
Listing Office: NORTH&CO.
Office Phone: 602-714-7000
Office Email: michele@azhomes.com
Last Updated: April - 21 - 2025
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