CMU Multifamily Development
For Sale
Contact for pricing
1956 S 180 E, Provo, UT 84606
Zoned CMU and previously approved for up to 329 multifamily units, supporting housing for the adjacent medical school.
Property SizeContact for details
Days on Market172
Property Features for 1956 S 180 E
General Information
Standard status
Active
Property subtype
Land
Zoning
CMU - Mixed Use
Additional Details
Opportunity Zone
Yes
Listing Agency:
Realtypath LLC - Advantage
Listed By:
Skyler Sinks · License #UT
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Jul 18 at 12:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realtypath LLC - Advantage
Investment Insights
Based on property information with market context.
This for-sale development site is currently zoned CMU (Campus Mixed-Use) and was previously approved for up to 329 multifamily units. The seller has created building plans and construction documents, which may be included in the sale per negotiation.
The property is located in an opportunity zone and is described as a housing gateway for the adjacent Noorda School of Osteopathic Medicine, where the remarks note 800 medical students on-site and in need of housing next to campus. Rocky Mountain University is listed across the street, with students also cited as needing housing.
The remarks further state that TIF is allocated to each lot at approximately $2.5 million. Interested parties should review the approval history and any available plan documents during due diligence.
The property is located in an opportunity zone and is described as a housing gateway for the adjacent Noorda School of Osteopathic Medicine, where the remarks note 800 medical students on-site and in need of housing next to campus. Rocky Mountain University is listed across the street, with students also cited as needing housing.
The remarks further state that TIF is allocated to each lot at approximately $2.5 million. Interested parties should review the approval history and any available plan documents during due diligence.
Key Highlights
- Current zoning is CMU (Campus Mixed‑Use).
- Previously approved for up to 329 multifamily units planned to support the adjacent medical school.
- Opportunity zone location.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Explore this area
Business Placement
Demographics for 84606, UT
33,791
Population
11,428
Households
3
Avg Household Size
25
Median Age
45%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
2,913
Density / Sq Mi
$52,110
Median Household Income
$14,955
Median Earnings
$1,149
Median Rent
$407,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Zoned CMU and previously approved for up to 329 multifamily units, supporting housing for the adjacent medical school.
Where is this residential land & home lot located?
The property is located at 1956 S 180 E Provo, UT.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Current zoning is CMU (Campus Mixed‑Use).; Previously approved for up to 329 multifamily units planned to support the adjacent medical school.; Opportunity zone location.
