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8760 S rural/corner Road, Tempe, Arizona

$2,275,000Active

8760 S rural/corner Road, Tempe, Arizona 85284
HomeSmart - MLS® ID: 5508097

    Property Details

    8760 S rural/corner Road, Tempe, Arizona 85284 - MUST READ BEFORE MAKING ANY OFFERS. LAST GREAT VACANT CORNER IN SOUTH TEMPE APPEARS TO HAVE MANY USES BUT SUBDIVISION CCRS ALLOW FOR ONLY 1 HOUSE PER ACRE. COMMERCIAL USE IS PROHIBITED PER CCRS. DONT CONFUSE ZONING WITH CCRS WHICH RUN WITH THE LAND. CITY WILL ALLOW MANY USES BUT NEIGHBORHOOD WILL NOT. SELLERS HAVE TRIED TO WORK WITH NEIGHBORHOOD BUT LAW SAYS 100 PERCENT OF SUBDIVISION OWNERS MUST AGREE TO SOMETHING OTHER THAN 1 HOME PER ACRE. 100 PERCENT IS NOT POSSIBLE. SELLERS HAVE LEGAL OPINION THAT MULTI-F IS ALLOWED UNDER CCRS BUT NEIGHBORHOOD DISAGREES AND LEGAL ISSUE REMAINS UNSOLVED. SELLERS WILL NOT CARRY ANY PORTION, WAIT FOR COURT RULING OR PROVIDE ANYTHING OTHER THAN 60 DAY CLOSE. ASSISTED LIVING FITS IN CURRENT AG ZONING BUT AWAITS COURT DECISION.

    Amenities

    • Zip85284
    • CountyMaricopa
    • StatusActive
    • Purchase TypeActive
    • Property typeVacant Land
    • Zoning typeag/res
    • School districtTempe Union High School District
    • Elementary schoolKyrene del Cielo School
    • Junior highKyrene Aprende Middle School
    • High schoolCorona Del Sol High School
    • Lot size5.00
    • SewerSewer - Public
    • Tax amount$20,000.00
    • Tax year2016
    • Office IDcril01
    • Agent IDst237
    • Agent nameSteven Tseffos
    • MLS® ID5508097

    Broker: HomeSmart

    Listing Courtesy of HomeSmart

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