807 S GEORGE Drive, Tempe, AZ 85288
New Listing
$800,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$800,000
List Date:
2/21/2026
Last Modified:
2/21/2026
Description
LOT + PLANS for 9 Unit Townhome Community! Includes plans 9 single family attached townhomes!! 5 Parcels included.
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# 6987718
Contract Info
Ownership: Fee Simple
Current Price: $800,000
List Price: $800,000
Status: Active
List Date: 2026-02-20
Location, Tax & Legal
Assessor's Map #: 43
Legal Description (Abbrev): LOT 2 GEORGE DRIVE BUNGALOWS MCR
Assessor's Parcel #: 107
Add'l Parcels: Yes
Tax Municipality: Tempe
Census Tract: 319300
Taxes: 817
Legal: LOT 2 GEORGE DRIVE BUNGALOWS MCR
Marketing Name: George Drive Townhomes
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
Subdivision: GEORGE DRIVE BUNGALOWS
Assessor Number: 135-43-107
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 190 x 141
Flood Zone: No
Total # of Units: 9
High School District: Tempe Union High School District
Year Built: 2028
Zoning: CSS
Legal Info
Range: 5E
Section: 19
Township: 1N
Lot Number: 2
Project Type
5 - 12 Units: 1
Construction
See Remarks: 1
Const - Finish
Other (See Remarks): 1
Construction Status
To Be Built: 1
Roofing
See Remarks: 1
Floors
Other: 1
Sale Includes
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 817
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 800000
Down Payment %: 10
Monthly Payments: 100000
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
No Notification Required to Show: 1
Lockbox Type
None: 1
Community Features
See Remarks: 1
Heating
See Remarks: 1
Cooling
See Remarks: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
See Remarks: 1
Road Access Type
City Street: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Other (See Remarks): 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
See Remarks: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
See Remarks: 1
New Financing
Cash: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 101 & University
Geo Lat: 33.421877
Geo Lon: -111.886785
Property Features
Project Type: 5 - 12 Units
Construction: See Remarks
Const - Finish: Other (See Remarks)
Construction Status: To Be Built
Roofing: See Remarks
Floors: Other
Sale Includes: Other (See Remarks)
Community Features: See Remarks
Appliances Included: See Remarks
Heating: See Remarks
Cooling: See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: See Remarks
Road Access Type: City Street
Road Surface Type: Concrete
Road Responsibility: City Maintained Road
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
New Financing: Cash
Environmental: Other (See Remarks)
Listing Office:
Williams Luxury Homes
Last Updated: February - 21 - 2026
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