1871 E HAYDEN Lane, D, Tempe, AZ 85281

$1,200,000

Property Type: Land and Lots Lot Size (sq. ft.): 30,880 Status: Closed

Current Price: $1,200,000 List Date: 7/01/2024 Last Modified: 1/11/2025

Description

Here it is, the Multi-Family HIGH DENSITY opportunity you've been waiting for. Located by ASU and the heart of Tempe. This is two parcels totaling 30,882 SqFt (1871 & 1879 E Hayden Lane). Zoned R4, High Density. Perfect for a brand new apartment complex, This property has been in the family for nearly 6 decades, and it's finally available for development. Don't blink, there are very few large parcels like this available, let alone in such a fantastic, central location with high rents. Buyer to verify all information.

More Information MLS# 6660842

Contract Information

Current Price: $1,200,000 Sold Price: $1,200,000 Status: Closed List Date: 2024-02-01 For Sale or Lease?: Sale Type: ER

Location Tax Legal

House Number: 1871 Compass: E Street Name: HAYDEN St Suffix: Lane City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 4412 Country: USA County Code: Maricopa Assessor Number: 132-63-011 Subdivision: ANNEX TO HALE ACRES Tax Year: 2023

General Property Description

Apx Total Acres: 0.71 Apx Total Acres G/N: N Price Per Acre: 2394366.2 Apx SqFt: 30880 Price Per SqFt: 55.05 Apx SqFt G/N: N Lot Size Dimensions: 202x160 Zoning: R4 High Density 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: Tempe High School

Remarks Misc

Geo Lat: 33.418669 Geo Lon: -111.906291

Status Change Info

Status Change Date: 2025-01-11 Off Market Date: 2024-07-01 Under Contract Date: 2024-06-24 Close of Escrow Date: 2025-01-10 Sold Price: $1,200,000

Legal Info

Township: 1N Range: 4E Section: 24 Lot Number: D

Showing Notification Methods

Showing Service: No Showing Service Used

Sold Info

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

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage Zoned Presently: Multi-Family; Office Potential Use: Multi-Family; Office; Retail Parcel Size: .50 - .99 Acres Current Density: 40+ Units P/Acre Proposed Density: 40+ Units P/Acre Development Status: Raw Land; See Remarks Topography: Level Water: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property New Financing: Cash; CTL Environmental: None Lockbox Type: None

Listing Office: HomeSmart

Last Updated: January - 11 - 2025

1871 E HAYDEN Lane, D, Tempe, AZ 85281 (MLS# 6660842)