1063 W 5TH Street, 1 – 3 & Tract A, Tempe, AZ 85281 (MLS# 6202587)

$375,000
1063 W 5TH Street, 1 - 3 & Tract A
Tempe, AZ 85281
MLS# 6202587

Conceptual Drawing
  1 / 16  
Conceptual Drawing 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 Entrance to Lot NW Corner Vantage Point Block Wall Perimeter NE Corner Vantage Point View to the Southwest - Adjacent to Scales Technology Academy Scales Technology Academy - Tempe Elementary School

Property Description
*Fabulous Investment Development Opportunity in an ''Opportunity Zone'' in Tempe*For Investors looking to Reinvest 1031 Exchange Funds, this is truly an ''Opportunity'' Waiting to Happen*Infill Lot, Subdivided for Possibility of 3 Detached Properties & a Common Area*Parking Spaces Already Accounted for in the Common Area Parcel/Lot*Private Easement Roadway for Access off of 5th St.*Close Proximity to ASU, Mill Ave. & Tempe Amenities*Zoned R-3*30' Building Height Restriction*Conceptual Drawings & Plans (which are now expired) filed with the City of Tempe*Truly a Rare Find*

Details
Maps
Contract Information
Current Price: $375,000
List Price: $375,000
Status: Active
List Date: 2021-03-04
For Sale or Lease?: Sale
Type: ER
Location, Tax & Legal
Map Code/Grid: R36
House Number: 1063
Compass: W
Street Name: 5TH
St Suffix: Street
Lot #: 1 - 3 & Tract A
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 2543
Country: USA
County Code: Maricopa
Assessor's Map #: 36
Assessor's Parcel #: 188
Add'l Parcels: Yes
Assessor Number: 124-36-188
Legal Description (Abbrev): LOT 1 TREBLE MCR 149024
Subdivision: TREBLE
Census Tract: 318800
Tax Municipality: Tempe
Taxes: 994
Tax Year: 2020
General Property Description
Apx Total Acres: 0.24
Apx Total Acres G/N: G
Price Per Acre: 1562500
# Lots in Listing: 4
# Units Allowed: 3
Apx SqFt: 10450
Price Per SqFt: 35.89
Apx SqFt G/N: G
Lot Size Dimensions: 50.01 x 208.94
Horses: N
Zoning: R-3
Flood Zone: TBD
Elementary School: Scales Technology Academy
Jr. High School: Gililland Middle School
High School: Tempe High School
Elem School Dist #: 003 - Tempe School District
High School Dist #: 213 - Tempe Union High School District
Remarks & Misc
Cross Street: University Dr & Hardy St
Directions: On south side of 5th St. between Beck & Hardy. Just east of Scales Technology Academy Elementary School. Use the adjacent apartment entrance/road to access the property.
Geo Lat: 33.424838
Geo Lon: -111.954352
Status Change Info
Status Change Date: 2021-03-04
Legal Info
Township: 1N
Range: 4E
Section: 16
Lot Number: 1 - 3 & Tract A
Pmt & Rate Info
Equity: 400000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .0 - .24 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 02 - 05 Units P/Acre
Development Status: Raw Land; See Remarks
Land Features: Other; See Remarks
Land Configuration: Square Rectangular
Roads/Streets: Asphalt
Topography: Level
Existing Structures: None
Water: City Franchise
Sewer: Sewer - Available
Electric: APS
Gas: SW Gas
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: Under 350 Feet
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Use Restrictions: Existing Easement
Reports/Disclosures: Soil Test; Seller Prop Disc Stm; Boundary Survey Avlb; Development Pln Aval
Environmental: None
Fencing: Block

Listing Office: Coldwell Banker Realty

Last Updated: July - 27 - 2021

1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 - MLS# 6202587

Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Monday 2nd of August 2021 11:06 PM

Search Homes
$375,000
1063 W 5TH Street, 1 - 3 & Tract A
Tempe, AZ 85281
MLS# 6202587

Conceptual Drawing
  1 / 16  
Conceptual Drawing 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 Entrance to Lot NW Corner Vantage Point Block Wall Perimeter NE Corner Vantage Point View to the Southwest - Adjacent to Scales Technology Academy Scales Technology Academy - Tempe Elementary School

Property Description
*Fabulous Investment Development Opportunity in an ''Opportunity Zone'' in Tempe*For Investors looking to Reinvest 1031 Exchange Funds, this is truly an ''Opportunity'' Waiting to Happen*Infill Lot, Subdivided for Possibility of 3 Detached Properties & a Common Area*Parking Spaces Already Accounted for in the Common Area Parcel/Lot*Private Easement Roadway for Access off of 5th St.*Close Proximity to ASU, Mill Ave. & Tempe Amenities*Zoned R-3*30' Building Height Restriction*Conceptual Drawings & Plans (which are now expired) filed with the City of Tempe*Truly a Rare Find*

Details
Maps
Contract Information
Current Price: $375,000
List Price: $375,000
Status: Active
List Date: 2021-03-04
For Sale or Lease?: Sale
Type: ER
Location, Tax & Legal
Map Code/Grid: R36
House Number: 1063
Compass: W
Street Name: 5TH
St Suffix: Street
Lot #: 1 - 3 & Tract A
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 2543
Country: USA
County Code: Maricopa
Assessor's Map #: 36
Assessor's Parcel #: 188
Add'l Parcels: Yes
Assessor Number: 124-36-188
Legal Description (Abbrev): LOT 1 TREBLE MCR 149024
Subdivision: TREBLE
Census Tract: 318800
Tax Municipality: Tempe
Taxes: 994
Tax Year: 2020
General Property Description
Apx Total Acres: 0.24
Apx Total Acres G/N: G
Price Per Acre: 1562500
# Lots in Listing: 4
# Units Allowed: 3
Apx SqFt: 10450
Price Per SqFt: 35.89
Apx SqFt G/N: G
Lot Size Dimensions: 50.01 x 208.94
Horses: N
Zoning: R-3
Flood Zone: TBD
Elementary School: Scales Technology Academy
Jr. High School: Gililland Middle School
High School: Tempe High School
Elem School Dist #: 003 - Tempe School District
High School Dist #: 213 - Tempe Union High School District
Remarks & Misc
Cross Street: University Dr & Hardy St
Directions: On south side of 5th St. between Beck & Hardy. Just east of Scales Technology Academy Elementary School. Use the adjacent apartment entrance/road to access the property.
Geo Lat: 33.424838
Geo Lon: -111.954352
Status Change Info
Status Change Date: 2021-03-04
Legal Info
Township: 1N
Range: 4E
Section: 16
Lot Number: 1 - 3 & Tract A
Pmt & Rate Info
Equity: 400000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .0 - .24 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 02 - 05 Units P/Acre
Development Status: Raw Land; See Remarks
Land Features: Other; See Remarks
Land Configuration: Square Rectangular
Roads/Streets: Asphalt
Topography: Level
Existing Structures: None
Water: City Franchise
Sewer: Sewer - Available
Electric: APS
Gas: SW Gas
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: Under 350 Feet
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; 1031 Exchange
Use Restrictions: Existing Easement
Reports/Disclosures: Soil Test; Seller Prop Disc Stm; Boundary Survey Avlb; Development Pln Aval
Environmental: None
Fencing: Block

Listing Office: Coldwell Banker Realty

Last Updated: July - 27 - 2021

1063 W 5TH Street, 1 - 3 & Tract A, Tempe, AZ 85281 - MLS# 6202587

Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Monday 2nd of August 2021 11:06 PM