2105 South Terrace Road, Tempe, AZ, 85282

2105 South Terrace Road Tempe, AZ 85282

Tempe
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,050,000
Last Verified:
May 23, 2024

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Highlights

  • Less Than One Mile From ASU
  • ASU Student Population: 74,878
  • Rapidly Developing Market

Description

Located at 2105 S Terrace Rd in Tempe, AZ, this approximately 0.729-acre property lies just south of Broadway Rd and within a mile of Arizona State University, making it an exceptional opportunity for development. With its convenient location close to ASU's vibrant campus life, the property offers easy access to amenities and transportation routes, presenting an ideal setting for various uses. This property holds significant potential for investors and developers seeking to capitalize on this thriving area, making it a compelling investment opportunity in the Tempe real estate market.

Located at 2105 S Terrace Rd in Tempe, AZ, this approximately 0.729-acre property lies just south of Broadway Rd and within a mile of Arizona State University, making it an exceptional opportunity for development. With its convenient location close to ASU's vibrant campus life, the property offers easy access to amenities and transportation routes, presenting an ideal setting for various uses. This property holds significant potential for investors and developers seeking to capitalize on this thriving area, making it a compelling investment opportunity in the Tempe real estate market.


Year Built: 1701
Building Size: 0sq ft
Building Class: A
Lot Size: 0.73 acres

Map of 2105 South Terrace Road, Tempe, AZ, 85282

Presented by:
R.O.I. Properties

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Beth Jo Zeitzer


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.