Residential Land for Sale in Tempe, Arizona

48 W Thomas Ln Tempe, AZ 85281

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0.18 Acres of Residential Land for Sale in Tempe, Arizona
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$350,000
0.18 acres
Active sale agoEst $2,758/mo

Walking distance to ASU and nearby hospital and business, this is a fantastic opportunity to develop a multi-family property or dream home. North south exposure, corner lot, quiet street, this lot has a ton of potential. AZ House Bill 2721 provides allowances to build mult family residential on land previously zones residential. Cities must have ordinances in place by 1/1/26.

Directions

Head north on S Mill Ave, Turn left onto W Thomas Ln. The property will be on the right.

Location

Street Address
48 W Thomas Ln
County
Maricopa County
Community
College View
School District
Tempe Union High School District
Elevation
1,161 feet
Coordinates
33.4139, -111.9421
Land for sale in Arizona

Property details

Zoning
R-2
MLS Number
ARMLS 6803583
Date Posted

Property taxes

2024
$2,631

Parcels

  • 133-18-022-B

Legal description

LOT 1 LOT LINE ADJUSTMENT MCR 179416

This 0.18-acre property is located at 48 W Thomas Ln in Tempe, AZ 85281 with latitude 33.4139 and longitude -111.9421. The property is currently available for sale for $350,000 with a price per acre of $1,944,444. Listing data is sourced from Arizona Regional Multiple Listing Service # 6803583.

Verify sale details at the property source or contact Real Broker at (480) 907-8294.

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Copyright (C) 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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