Perfect infill location for mixed use development including multi-family units, restaurant, entertainment etc. Situated near Arizona StateUniversity's large Tempe campus amid dining and entertainment and less than a mile from the Loop 101. This approximately 1.5 acre site is in a highdemand rental area. The site holds a well-maintained 1,278 SF residence which includes an original adobe structure dating from the 1800's. Creative use of the special character of this unique property would make this a destination. Located in Qualified Opportunity Zone. 40,000 vehicles pass site daily.

Construction BlockStuccoOther (See Remarks)Frame - Wood Covered Parking Spaces 0.00 Fencing OtherSee Remarks Parking FencedPrivate ParkingFree Roads Dedicated StreetPrivate Street Roofing Other (See Remarks) Stories 1 Story Total Parking Spaces 10.00 Uncovered Parking Spaces 10.00

Ceiling Height 8 Feet Or Less Cooling Central A/C Flooring Ceramic Tile Heating OtherSee Remarks Interior Features Finished

Adjusted Gross Inc 0.00 Annual Elec Exp 0.00 Annual Gas Exp 0.00 Annual Ins Exp 0.00 Annual Land Lse Exp 0.00 Annual Landscape Exp 0.00 Annual Legal And Acctg 0.00 Annual Maint Exp 0.00 Annual Mgmt Exp 0.00 Annual Other Expense 0.00 Annual Rplcmnt Rsrvs 0.00 Annual Trash Exp 0.00 Annual Wtr Swr Exp 0.00 Building Type Other (See Remarks) Cross Street University Drive & Smith Rd Current Use OtherSee Remarks Electric Srp Gas Other (See Remarks) Gross Annual Sch Inc 0.00 Hoa Fee 0.00 Hoa YN No Loading Facilities None Lot Number - Net Operating Income 0.00 Operating Exp 1286.00 Other Income 0.00 Ownership Fee Simple Pad Fee 0.00 Sewer Other (See Remarks) Source Of Financial Data Other (See Remarks) Taxes 1286.00 Traffic Count 35001 To 50000 Vacancy Allowance 0.00 Water OtherSee Remarks Zoning Ag

Listing courtesy of Keller Williams Realty East Valley.

© 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Realty One Group. Data last updated 2021-08-04T00:15:35.413.

1986 E University Drive

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1986 E University Drive Tempe, AZ 85281

Property Description

Construction	Block Stucco Other (See Remarks) Frame - Wood
Covered Parking Spaces	0.00
Fencing	Other See Remarks
Parking	Fenced Private Parking Free
Roads	Dedicated Street Private Street
Roofing	Other (See Remarks)
Stories	1 Story
Total Parking Spaces	10.00
Uncovered Parking Spaces	10.00

Ceiling Height	8 Feet Or Less
Cooling	Central A/C
Flooring	Ceramic Tile
Heating	Other See Remarks
Interior Features	Finished

Adjusted Gross Inc	0.00
Annual Elec Exp	0.00
Annual Gas Exp	0.00
Annual Ins Exp	0.00
Annual Land Lse Exp	0.00
Annual Landscape Exp	0.00
Annual Legal And Acctg	0.00
Annual Maint Exp	0.00
Annual Mgmt Exp	0.00
Annual Other Expense	0.00
Annual Rplcmnt Rsrvs	0.00
Annual Trash Exp	0.00
Annual Wtr Swr Exp	0.00
Building Type	Other (See Remarks)
Cross Street	University Drive & Smith Rd
Current Use	Other See Remarks
Electric	Srp
Gas	Other (See Remarks)
Gross Annual Sch Inc	0.00
Hoa Fee	0.00
Hoa YN	No
Loading Facilities	None
Lot Number	-
Net Operating Income	0.00
Operating Exp	1286.00
Other Income	0.00
Ownership	Fee Simple
Pad Fee	0.00
Sewer	Other (See Remarks)
Source Of Financial Data	Other (See Remarks)
Taxes	1286.00
Traffic Count	35001 To 50000
Vacancy Allowance	0.00
Water	Other See Remarks
Zoning	Ag