520 E SOUTHERN AVE, TEMPE, AZ 85282-5211

📍 Location & Neighborhood Insights

The property sits in a "sweet spot" between the high-energy ASU corridor and the established professional residential base of South Tempe.

🚗 Connectivity & Access

• Freeway Proximity: Less than 2 miles from both the US-60 (Superstition Freeway) and the I-10, providing seamless access to the entire Valley.
• Airport Access: Only 10-12 minutes from Phoenix Sky Harbor International Airport.
• Transit-Oriented: Located near the major intersection of Southern & Rural Rd, a primary artery for Tempe commuters.

🏘️ Area Demographics (85282)

• Educated Workforce: Over 52% of residents in this zip code are college-educated, offering a high-quality local talent pool for businesses.
• Stable Neighborhood: A strong mix of owner-occupied homes (44%) and high-end rentals creates consistent daytime and evening foot traffic.
• Median Age: 33–34, representing a prime "young professional" and "established family" demographic.

📈 Why Tempe?

Tempe is currently one of the most supply-constrained and demand-rich markets in Arizona.

• The "Tech & Talent" Hub: As the home of Arizona State University, Tempe continues to lead the region in innovation and job growth.
• Adaptive Reuse Potential: The City of Tempe has recently updated several zoning ordinances to encourage Adaptive Reuse, making it easier for owners to transition buildings into new, modern uses.
• Balanced Market: While some areas are cooling, Tempe remains a "Seller's Market" for detached commercial and residential assets due to its central location and lack of available land.