117 East 15th Street
Property Description
This ±0.74-acre (32,082 SF) infill redevelopment site is located at 117 E 15th St in Tempe, AZ, just off S. College Ave and near the ASU campus. The property is zoned R1-6 and is currently improved with an existing single-family residence and pool. The generally level parcel offers a rare, large-format infill footprint in one of Tempe’s most in-demand submarkets, with strong underlying land value and multiple paths to redevelopment. A future buyer may explore a lot split, subject to City of Tempe approval and removal of the existing pool, to create two parcels, each supporting a single-family home plus up to two ADUs (one attached and one detached), offering meaningful density and value-add upside.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,100,000 |
| Lot Size: | 0.74 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
2106 Gulfstream, Prescott, 86301
Prescott , Arizona
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout