2415 S Rural Road, Tempe, AZ 85282

$700,000
2,507
SqFt
Sold Price
$700,000
List Price
$875,000
Closing Date
Dec 01, 2022
Days on Market
66
Status
CLOSED
MLS#
6468816
City
Tempe
Living SQFT
2,507
Lot Size
16,143
Subdivision
Hughes Acres
Year Built
1982
Type
Single Family - Detached

Property Description

Rural Road and Broadway is a rare commercial/residential opportunity located in the heart of Arizona State University and Downtown Tempe. Located 0.75 miles south of the main ASU campus, this prime 0.4 acre property is zoned within the R-O district, which permits new development at the residential scale, or conversion of residential structures for use as professional commercial offices or other limited service uses. It also permits continuation of residential uses or reconversions to residential uses. Currently set up as a medical/dental service, plans are in process (not submitted) for a commercial/residential mixed use development. Located on the Northeast corner of E Loma Vista Drive and South Rural Road, clocking over 50,000 cars per day, this is one of the premier locations for new development opportunities. All plans, architectural drawings and designs will convey with the sale. By Appointment Only!

Additional Information

Elementary School
Broadmor Elementary School
High School
Tempe High School
Middle School
Tempe Academy Of International Studies McKemy Campus
School District
Tempe Union High School District
Acres
0.37
Assoc Fee Includes
No Fees
Association Info
None
Basement Description
Full
Builder Name
Unkwn
Community
Hughes Acres
Construction
Block
Cooling
See Remarks
Dining Area
Other (See Remarks)
Exterior Features
Other
Fencing
Other, See Remarks
Finish
Other (See Remarks)
Fireplace
No Fireplace
Heating
See Remarks
Kitchen Features
None
Landscaping
Desert Back, Desert Front
Laundry
None
Living Area
2,507
Lot Size
16,143
Master Bathroom
Other (See Remarks)
New Financing
1031 Exchange, Cash
Parking Features
Gated Parking
Property Use
Other (See Remarks), Res/Business Use Ok
Roofing
Other (See Remarks)
Sewer
Sewer - Public
Spa
None
Stories
1
Subdivision
Hughes Acres
Taxes
$7,786
Tax Year
2022
Utilities
SRP, SW Gas
Water
City Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of North & Co. Selling Office: North & Co.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved.