1015 S Farmer Ave

For Sale

1015 S Farmer Ave, Tempe, AZ 85281

• 1/4 mi from ASU Main Campus • Medium-Density Residential Zoning • High-Barrier to Entry Submarket • Strong Student Housing Residence Base • Seller Financing AvailableThis offering represents a rare opportunity to acquire a prime infill development site located 1/2 mile from Arizona State University’s Main Campus, positioned squarely in the heart of Tempe’s most active residential corridor. The site is ideally situated within a high-barrier-to-entry area characterized by persistent land scarcity, escalating construction activity, and stable long-term growth. Its proximity to ASU ensures a strong, consistent student housing demand base, while also attracting young professionals seeking well-located urban housing near employment, entertainment, transit, and the Mill Avenue District.

Building Details

  • For Sale $425,000
  • Property Type VacantLand
  • Property Size 1,409 SF
  • Units 1
  • Lot Size 0.17 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 1930
  • Date Updated Sep 16, 2026
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Contacts

Gunnar Sinnett

LevRose Commercial Real Estate

Location

  • City Tempe, AZ
  • Neighborhood Peterson Park
  • Zip Code 85281
  • Market Phoenix
  • Walk score 85/100 Very Walkable
  • Transit score 64/100 Good Transit
  • Bike score 95/100 Biker's Paradise
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Points of Interest

11th St / Mill Ave

0.24 miles

University Dr / Ash Ave

0.30 miles

9th St / Mill Ave

0.31 miles

5th St / Ash Ave

0.48 miles

6th St / Mill Ave

0.52 miles

College Ave / Apache Blvd

0.56 miles

3rd St / Ash Ave

0.64 miles

Mill Ave/ 3rd St

0.67 miles

3rd St / Mill Ave

0.72 miles

Veterans Way/ College Ave

0.72 miles

Circle K

0.88 miles

chargepoint

1.02 miles

Chevron

1.03 miles

Wallbox

1.36 miles

ChargePoint

1.41 miles

QuikTrip

1.45 miles

Watermark Visitor Parking

1.47 miles

Tesla Destination Charger

1.62 miles

Fry's Fuel Center

1.74 miles

Blink

1.75 miles

CVS Parking Lot

0.29 miles

Lot 3

0.31 miles

Centerpoint

0.35 miles

10th St. Parking Structure

0.38 miles

City Hall Visitor's Parking

0.56 miles

Apache Parking Structure

0.61 miles

University Towers Parking Structure

0.63 miles

Fulton Center Parking Structure

0.65 miles

Parking Lot 27

0.73 miles

3 Miniute Car Wash Express

1.05 miles

Enterprise

1.06 miles

MK Mobile Car Detaling

1.21 miles

High Definition Detail Specialists

1.22 miles

Broadway Hand Car Wash

1.38 miles

Carwash Services of Arizona

1.59 miles

Francis & Sons Car Wash

1.60 miles

Coin Wash

1.77 miles

Hyrides

1.84 miles

Fantasy Exotic Luxury Car Rentals

1.99 miles

Chipotle

0.21 miles

Subway

0.23 miles

Otto Pizza & Pastry

0.23 miles

Thai Basil

0.24 miles

El Pollo Supreme

0.24 miles

Loving Hut

0.24 miles

Gadzooks Enchiladas and Soup

0.27 miles

First Watch

0.27 miles

Chili's

0.27 miles

BoSa Donuts

0.28 miles

Whole Foods Market

0.28 miles

5th Street Deli and Market

0.66 miles

P.O.D. Warehouse

0.89 miles

Bharat Bazaar

1.12 miles

Trader Joe's

1.15 miles

Safeway

1.26 miles

Food City

1.65 miles

Fry's Food and Drug

1.69 miles

Walmart Supercenter

1.93 miles

Ross

2.25 miles

Tempe Fire Station 6

0.39 miles

Tempe St. Luke's Hospital

0.42 miles

ASU Police Department

0.61 miles

Tempe Police Department

0.66 miles

Reyes Family Medicine

1.00 miles

CVS Pharmacy

1.08 miles

Seres Therapeutics

1.09 miles

HonorHealth FastMed+ Urgent Care

1.10 miles

HonorHealth Medical Group - West Tempe - Primary Care

1.11 miles

Concentra Urgent Care

1.12 miles

Contact Gunnar Sinnett
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