807 S GEORGE Drive, Tempe, AZ 85288

$800,000
Property Type: Business Opportunity Lot Size (sq. ft.): 3,315 Status: Active
Current Price: $800,000 List Date: 2/21/2026 Last Modified: 4/03/2026

Overview

Description

Currently vacant - but, includes plans 9 single family attached townhomes!! 5 Parcels included. Prime Development Opportunity on University Drive. Ideal for a Commercial Site or Possibly Multi-Family Use. Rare chance to acquire a 1/2-acre assemblage on University Drive in Tempe, comprising 5 APN numbers, all selling together. This property offers expansive development potential with convenient freeway access, just 5 minutes from ASU and 11 minutes from Sky Harbor Airport. Don't miss out on this prime opportunity in a rapidly growing area!

Listing Details MLS# 6987720

Location

House Number
807
Compass
S
Street Name
GEORGE
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85288
Zip4
4701
County Code
Maricopa
Subdivision
GEORGE DRIVE BUNGALOWS
Assessor Number
135-43-108

General Property Description

Flood Zone
No
Ttl Apx SqFt Bldg
0
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
101 & University

Legal Info

Township
1N
Range
5E
Section
19

Showing Notification Methods

Showing Service
No Showing Service Used
No Notification Required to Show
Yes

More Information

Income & Expenses

Annual Gross Sales
0
Owners Draw Included
No
Annual Owners Salary
0
Annual Mngr Salary
0
Anl Int (Non-RelEst)
0
Annual Depreciation
0
Annual Fringes
0
Adjusted Net Income
0
Apx Value of Cash
0

Business Type

Other
Yes

Pmt & Rate Info

Equity
800000
Down Payment %
10
Total Owed
0

Lockbox Type

None
Yes

Type of Lease

None
Yes

Form of Ownership

Limited Liability Co
Yes

Sale Price Includes

Real Estate
Yes
Other - See Remarks
Yes

Lease Information

Other - See Remarks
Yes

Hours of Operation

Other - See Remarks
Yes

Business Age

Less Than 1 Year
Yes

Heating

See Remarks
Yes
None
Yes

Current Ownership

1 - 3 Years
Yes

Cooling

None
Yes
See Remarks
Yes

Business Location

Street/Highway Exposure
Yes
Corner Lot
Yes

Training

Other - See Remarks
Yes

Expenses Include

See Remarks
Yes

Business/Tenant Pays

Capital Improvements
Yes
Property Taxes
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Other
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

New Financing

Cash
Yes

Current Financing 1

Treat as Free & Clr
Yes

Current Financing 2

Treat as Free & Clr
Yes

Current Financing 3

Treat as Free & Clr
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Business Type: Other Form of Ownership: Limited Liability Co Sale Price Includes: Real Estate; Other - See Remarks Lease Information: Other - See Remarks Hours of Operation: Other - See Remarks Type of Lease: None Business Age: Less Than 1 Year Current Ownership: 1 - 3 Years Business Location: Street/Highway Exposure; Corner Lot Training: Other - See Remarks Expenses Include: See Remarks Source of Fincl Data: Owner Parking Features: Other Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public Heating: None; See Remarks Cooling: None; See Remarks Showing Notification Methods: No Notification Required to Show Lockbox Type: None Current Financing 1: Treat as Free & Clr Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Cash Environmental: None
Listing Office: Williams Luxury Homes
IDX
Last Updated: April - 03 - 2026
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