Redevelopment Opportunity on Hard Corner in Tempe

527 W University Dr and 815 S Roosevelt St Tempe, AZ 85281

  • 24,012 Square Feet
  • Land
  • For Sale

Summary Description

Premier hard corner for sale in Tempe with suggested future mixed-use redevelopment opportunity. Land area consists of approximately 24,012 square feet (±0.55 acres). Call for pricing.

Property is located at the southeast corner of University Drive and Roosevelt Street in Tempe. Site is adjacent to Arizona State University, which boasts the 6th highest undergraduate enrollment in the country, according to U.S. News. Almost 52,000 students are currently enrolled at the Tempe campus location.

Lot Size: 24,012 Square Feet

Area Available: 24,012 Square Feet

Parcel Number

124-69-049, zoned CSS

Parcel Number

124-69-050, zoned CSS

Parcel Number

124-69-125, zoned R-3

Features:

  • Hard corner lot on lighted intersection with frontage on University Drive
  • Rare investment opportunity
  • Future redevelopment site
  • Suggested use: future mixed-use property
  • Located two blocks west of the intersection of Mill Avenue and University Drive, the epicenter of Tempe, with over 53,000 vehicles per day

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