2415 S RURAL Road, Tempe, AZ 85282 (MLS# 6468816)

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

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!

More Information MLS# 6468816

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Sold Price: $700,000 Status: Closed Current Price: $700,000 List Date: 2022-09-25

Location, Tax & Legal

Assessor's Map #: 42 Legal Description (Abbrev): LOT 1 HUGHES ACRES MCR 008309 Assessor's Parcel #: 1 Tax Municipality: Tempe Taxes: 7786 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 County Code: Maricopa Assessor Number: 133-42-001 Subdivision: HUGHES ACRES Tax Year: 2022

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Approx SQFT: 2507 Price/SqFt: 279.22 Approx Lot SqFt: 16143 Approx Lot Acres: 0.371 Flood Zone: No Horses: N Builder Name: unkwn 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 Community Pool Y/N: No Private Pool Y/N: No Planned Comm Name: Hughes Acres Fireplace YN: No Marketing Name: ASU Transitional Dwelling Type: Single Family Residence Exterior Stories: 1 Year Built: 1982

Legal Info

Range: 4E Section: 26 Township: 1N Lot Number: 1

Special Listing Cond

N/A: 1

Construction

Block: 1

Const - Finish

Other (See Remarks): 1

Roofing

Other: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Master Bathroom

Other (See Remarks): 1

Add'l Property Use

Res/Business Use Ok: 1 Other: 1

Dining Area

Other (See Remarks): 1

Heating

See Remarks: 1

Kitchen Features

None: 1

Cooling

See Remarks: 1

Laundry

None: 1

Basement

Basement Y/N: Y

Basement Description

Full: 1

Separate Den/Office

Sep Den/Office Y/N: Y

Fencing

Other: 1 See Remarks: 1

Water Source

City Water: 1

Exterior Features

Other: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 20 Total Covered Spaces: 0

Parking Features

Gated: 1

New Financing

Cash: 1 1031 Exchange: 1

Utilities

SRP: 1 SW Gas: 1

Existing 1st Loan

Treat as Free&Clear: 1

Landscaping

Desert Front: 1 Desert Back: 1

Disclosures

Other (See Remarks): 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Sold Info

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

Remarks Misc

Cross Street: Broadway Road & S Rural Road Geo Lat: 33.40227 Geo Lon: -111.925859

Status Change Info

Off Market Date: 2022-12-02 Under Contract Date: 2022-11-23 Close of Escrow Date: 2022-12-01 Sold Price: $700,000

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)

Listing Office: NORTH&CO.

Last Updated: April - 21 - 2025