Tempe, Ariz. — Cassidy Turley BRE Commercial has brought to market the last available undeveloped land parcel on the campus of Arizona State University. The site totals 1.61 acres and is located at the corner of College Avenue and 5th Street. This places it directly across the street from a City of Tempe rail station, within walking distance of Sun Devil Stadium and Wells Fargo Arena, and less than two blocks from the Mill Avenue retail and entertainment district.
The site is zoned MU-4, which allows for mixed-use development with unlimited housing density. Arizona State University currently has 51,000 students and plans to add 11,000 residents to its main campus over the next few years. The current site owner is Logan Tempe LLC.