Search
Multi-Family Development Lot
For Sale
$650,000

803 W 500 S, Provo, UT 84601

Land parcel with utilities available and location near commuter rail, shopping, and schools to support residential development.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market81

Property Features for 803 W 500 S

General Information

Standard status Active
Lot size 0.50 Acres
Property subtype Land

Site & Location

Highway Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 45

Taxes and HOA fees

Annual Taxes $2,088
Listing Agency: Bybee & Co Realty, LLC
Listed By: Jennifer Wilcox
Source: Exprealty
Added: May 22 Changed: Aug 8 Last Checked: Jul 16 at 3:28PM

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 Bybee & Co Realty, LLC

Investment Insights

Based on property information with market context.

This is a for-sale development lot presented as a multi-family opportunity, with utilities described as readily available. Power, gas, water, and sewer are either stubbed to the property or located in the road, which can help simplify site planning and service connection for a residential project.

The parcel is located in Provo, near downtown, with access to shopping, restaurants, schools, and the FrontRunner commuter rail. The offering also notes convenient connectivity to major routes including BYU, UVU, and I-15, along with public transportation for travel throughout Utah County and beyond.

The property is positioned for builders, developers, and investors seeking a residential project site with utility access already addressed in the description. The public remarks cite an opportunity for up to 45 residential units, making the lot suited to multi-family concepts where efficient use of land and service availability are key considerations. Buyers should review the stated unit potential and utility arrangements as part of their due diligence and entitlement planning for any proposed development.

Key Highlights

  • Half‑acre building lot in Provo with utilities available (power, gas, water, and sewer).
  • Utilities are either stubbed to the property or located in the road.
  • Opportunity for a multi‑family residential development with potential for 45 residential units.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

45
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby

Demographics for 84601, UT

33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land parcel with utilities available and location near commuter rail, shopping, and schools to support residential development.
Where is this residential land & home lot located?
The property is located at 803 W 500 S Provo, UT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Half‑acre building lot in Provo with utilities available (power, gas, water, and sewer).; Utilities are either stubbed to the property or located in the road.; Opportunity for a multi‑family residential development with potential for 45 residential units.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message