Seize a rare investment opportunity in Tempe’s sought-after Farmer Arts District—a walkable, thriving neighborhood near Downtown Tempe, Mill Avenue, ASU, Tempe Town Lake, and the Light Rail. The 8,677 SF Lot, zoned R-3, received full entitlements from the City of Tempe in January 2025 for a proposed 4-plex residential apartment project, with approvals valid for one year. The property offers a blend of vintage appeal and redevelopment flexibility. Surrounded by record-setting investment activity and continued urban growth, this location is ideal for office or mixed-use potential. A strategic chance to build, invest, or reposition in one of Tempe’s most energized districts.