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

Overview

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!

Listing Details MLS# 6771125

Location, Tax & Legal

House Number
807
Compass
S
Street Name
GEORGE
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85288
Zip4
4701
Country
US
County Code
Maricopa
Assessor Number
135-43-108
Subdivision
GEORGE DRIVE BUNGALOWS
Tax Year
2024
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

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
Zoning
CSS
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

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)

Status Change Info

Off Market Date
2024-11-23
Under Contract Date
2024-11-15
Close of Escrow Date
2024-11-22

Legal Info

Township
1N
Range
5E
Section
19
Lot Number
1-4

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
No Notification Required to Show
Yes

Sold Info

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

Special Listing Cond

Owner/Agent
Yes

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

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes
Commercial Lot
Yes
Packaged Lot
Yes

Zoned Presently

Single Family
Yes
Commercial
Yes
Shopping/Retail Cntr
Yes
Special Use Permit
Yes

Potential Use

Single Family
Yes
Multi-Family
Yes
Commercial
Yes
Retail
Yes

Parcel Size

.25 - .49 Acres
Yes

Land Configuration

Square Rectangular
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes

Distance to Phone

On Property
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Distance to Gas

On Property
Yes

Distance to Sewer

On Property
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Listing Office: RE/MAX Excalibur
Last Updated: November - 23 - 2024
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.