Tempe Land for Sale

Welcome to Tempe, Arizona – a vibrant city that perfectly blends the charm of a close-knit community with the excitement of urban living. Nestled in Maricopa County, Tempe is renowned for its picturesque landscapes, rich cultural scene, and a plethora of recreational opportunities. Home to Arizona State University, the city pulses with youthful energy, offering an eclectic mix of dining, shopping, and entertainment options that cater to all tastes.

Tempe boasts an impressive array of outdoor activities, thanks to its stunning parks and the beautiful Tempe Town Lake, where residents can enjoy kayaking, paddleboarding, or simply relaxing by the water. The city’s commitment to sustainability and green spaces is evident in its numerous parks and trails, making it an ideal location for nature lovers and outdoor enthusiasts alike.

For those looking to invest in their future, Tempe presents an exceptional opportunity with prime land for sale. Whether you envision building your dream home, developing a commercial project, or investing in a piece of this thriving community, the available land options in Tempe are diverse and promising. With its strategic location, close proximity to major highways, and the ever-growing economy, purchasing land in Tempe is not just a smart investment; it's a chance to be part of a dynamic and flourishing city.

Discover the possibilities that await you in Tempe, where the sun shines bright and the future is filled with potential. Don't miss out on the opportunity to own a piece of this remarkable city!

Newest Tempe Land for Sale

$1,100,000

7082328 MLS

This ±0.74-acre (32,082 SF) infill redevelopment site is located at 117 E 15th St in Tempe, AZ, just off S. College Ave and near the ASU campus. The property is zoned R1-6 and is currently improved with an existing single-family residence and pool. The generally level parcel offers a rare, large-format infill footprint in one of Tempe's most in-demand submarkets, with strong underlying land value and multiple paths to redevelopment. A future buyer may explore a lot split, subject to City of Tempe approval and removal of the existing pool, to create two parcels, each supporting a single-family home plus up to two ADUs (one attached and one detached), offering meaningful density and value-add upside.

117 E 15th Street Unit 4A, Tempe

$495,000

7077357 MLS

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL This parcel may be purchased individually or together with the adjacent parcel 124-70-003, offering the opportunity for a larger redevelopment site. See MLS #7077345 for the adjacent parcel. A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Opportunities of this scale and proximity to ASU are rare to find

1027 S Farmer Avenue Unit 7, Tempe

$995,000

7077345 MLS

PRIME TEMPE DEVELOPMENT OPPORTUNITY | RARE MULTIFAMILY BUILD SITE NEAR ASU | TWO PARCELS, ENDLESS POTENTIAL A rare opportunity to secure a prime redevelopment site in the heart of Tempe, just minutes from ASU. Located in one of the Valley's most sought-after multifamily submarkets, this offering includes two parcels, 124-70-002 and 124-70-003, with R-3 zoning allowing medium-density multifamily development. Whether you're an investor or developer looking to capitalize on the area's strong student-housing demand and proximity to ASU, this site offers an opportunity to bring your vision to life. Purchase both parcels together or separately, providing flexibility to suit your development strategy. Opportunities of this scale and proximity to ASU are rare to find.

1031 S Farmer Ave Lots 7 & -- Unit 8, Tempe

$675,000

7070503 MLS

RARE COMMERCIAL LAND OPPORTUNITY with 175 Feet of frontage to McClintock. Prime 0.58 acre lot. Zoned R/O Two Water main connections on site. Plans available for multi-unit office building.

6008 S Mcclintock Drive Unit -, Tempe

$2,236,355

7059931 MLS

Listing includes two parcels: 135-41-025B & 024A

2227 E Mcarthur Drive Unit -, Tempe

$425,000

7050834 MLS

This 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.

1015 S Farmer Avenue Unit 5, Tempe

$620,000

7039647 MLS

Priced to sell! Lot split into four separately deeded parcels approved by the City of Tempe. Individual titling secured -- each unit is its own fee-simple lot. The Community Development Planning Division has APPROVED the Amended Subdivision Plat, meeting the Approval Criteria of Zoning and Development Code Section 6-307. This prime urban infill opportunity sits three blocks from Arizona State University. Each of the four parcels is designed for a three-story configuration with a ground-level garage and ~1,750 SF of living space across the first, second and third floors. In the heart of the ASU district, the property is minutes from dining, shopping, and entertainment along Mill Avenue and University Drive. Surrounded by year-round demand and strong long-term investment potential.

919 S Wilson Street Unit -, Tempe

$1,000,000

7037142 MLS

3353 S Rural Road presents a rare opportunity to acquire a ±0.57-acre (24,971 SF) commercial parcel in one of Tempe's most established and supply-constrained infill corridors. Zoned CSS (Commercial Shopping & Services), the property offers flexibility for a variety of retail, office, service-commercial, medical, and mixed-use development concepts. Positioned along the highly trafficked Rural Road corridor, the site benefits from exceptional visibility, convenient access, and immediate proximity to major transportation routes including Interstate 10, Loop 101, and Loop 202.

3353 S Rural Road Unit -, Tempe

$349,000

7019910 MLS

Rare infill vacant lot opportunity in central Tempe! Situated at the end of a quiet cul-de-sac in established Tempe Gardens, this 13,255 sq. ft. parcel is one of the last remaining vacant homesites in the area. With generous dimensions and no HOA, the property offers flexible development potential ideal for a custom primary residence, multi-generational layout, or an accessory dwelling setup. Enjoy unbeatable central East Valley connectivity just minutes from Arizona State University, Mill Avenue dining and entertainment, Tempe Town Lake, and Tempe Marketplace. Quick access to US-60, Loop 101, and Loop 202 ensures seamless commutes across the Valley. A unique canvas in a fully built-out neighborhood where residential land rarely becomes available.

136 E Fremont Drive Unit 261, Tempe

$325,000

7016914 MLS

Great Investment Opportunity- Development already currently approved by the City of Tempe in an ''Opportunity Zone''. Subdivided for the possibility of 3 Detached Properties & a Common Area. Parking Spaces Already Accounted for in the Common Area Parcel/Lot. .Close Proximity to ASU, Mill Ave. & Tempe Amenities. A great find and investment opportunity.

1063 W 5th Street Unit 3, Tempe

$1,950,000

7013599 MLS

This ±1-acre site consists of two contiguous parcels located in Tempe's highly desirable Maple Ash Neighborhood, just steps from Arizona State University, Mill Avenue, and downtown Tempe. The property is zoned R-2, allowing up to 10 units per acre, and is designated Multi-Family Low-Moderate in the Tempe 2050 General Plan. This is a well-located infill opportunity in one of Tempe's most walkable and high-demand rental markets.

63 W 13th Street Unit 63 & 69, Tempe

$649,000

7002385 MLS

Location! Location! Location! Rare Tempe Multifamily R-3 Lot/project with 101 Highway street frontage!. Seller may carry!! This lot was previously approved to build 8 units and the seller will hand over everything to the buyer at no cost. includes: architectural plans, engineering reports, and final approval package. Tempe is pushing for higher density for vacant lots. Seller has hundred's of thousands of dollars and hours into this project and buyer could reap the benefits or you can build whatever suits your needs. Buyer will have to resubmit everything to get permits reapproved but should not take long. Steps away from Apache Blvd,, Circle K on the corner, and new development next to & behind the lot. Don't miss this opportunity to own this high density/high exposure lot.

1272 S Price Road Unit 80, Tempe

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