807 S GEORGE Drive 1-4, Tempe, AZ 85288
$550,000
Property Type:
Land
Lot Size (sq. ft.):
21,356
Status:
Closed
Current Price:
$550,000
List Date:
10/15/2024
Last Modified:
11/23/2024
Description
Prime Development Opportunity on University Drive. - Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!
More Information MLS# 6771125
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $550,000
Sold Price: $550,000
Status: Closed
List Date: 2024-10-14
Location, Tax & Legal
Lot #: 1-4
Assessor's Map #: 43
Legal Description (Abbrev): LOT 3 GEORGE DRIVE BUNGALOWS MCR 149304
Assessor's Parcel #: 108
Add'l Parcels: Yes
Tax Municipality: Tempe
Census Tract: 319300
Taxes: 698
House Number: 807
Compass: S
Street Name: GEORGE
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Zip4: 4701
County Code: Maricopa
Assessor Number: 135-43-108
Subdivision: GEORGE DRIVE BUNGALOWS
Tax Year: 2024
General Property Description
Apx Total Acres: 0.49
Apx Total Acres G/N: G
Price Per Acre: 1122448.98
# Lots in Listing: 4
Apx SqFt: 21356
Price Per SqFt: 25.75
Apx SqFt G/N: G
Lot Size Dimensions: 193x105
Horses: N
Street Frontage: 193
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Flora Thew Elementary School
Jr. High School: Connolly Middle School
High School: McClintock High School
Zoning: CSS
Legal Info
Range: 5E
Section: 19
Township: 1N
Lot Number: 1-4
Special Listing Cond
Owner/Agent: 1
Pmt & Rate Info
Equity: 550000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
No Notification Required to Show: 1
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Commercial Lot: 1
Packaged Lot: 1
Zoned Presently
Single Family: 1
Commercial: 1
Shopping/Retail Cntr: 1
Special Use Permit: 1
Potential Use
Single Family: 1
Multi-Family: 1
Commercial: 1
Retail: 1
Parcel Size
.25 - .49 Acres: 1
Land Configuration
Square Rectangular: 1
Fencing
None: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Topography
Level: 1
Gas
SW Gas: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Distance to Phone
On Property: 1
Distance to Water
Under 350 Feet: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
On Property: 1
Distance to Gas
On Property: 1
Distance to Sewer
On Property: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Other
Closing Cost Split: Seller Assist - A
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: E. University Drive and Price Rd.
Directions: East on University one block to the SEC of University drive and S. George Drive (see Available sign)
Geo Lat: 33.421872
Geo Lon: -111.887246
Status Change Info
Off Market Date: 2024-11-23
Under Contract Date: 2024-11-15
Close of Escrow Date: 2024-11-22
Sold Price: $550,000
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot; Commercial Lot; Packaged Lot
Zoned Presently: Single Family; Commercial; Shopping/Retail Cntr; Special Use Permit
Potential Use: Single Family; Multi-Family; Commercial; Retail
Parcel Size: .25 - .49 Acres
Land Configuration: Square Rectangular
Topography: Level
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: Under 350 Feet
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: None
Listing Office:
RE/MAX Excalibur
Last Updated: November - 23 - 2024
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