Entitled Apartment Project in
For Sale
Contact for pricing
Pending
219 W Central Ave, Millcreek, UT 84116
Fully entitled 423-unit apartment project with commercial space.
Property SizeContact for details
Days on Market998
Property Features for 219 W Central Ave
General Information
Standard status
Pending
Property subtype
Land
Zoning
RM Multi-Housing
Listing Agency:
Colliers - Pleasant Grove - Utah County, Utah
(801) 597-5500
Listed By:
Gordon Jacobson · License #UT 136668-SA00
Source:
Crexi
Added: Nov 29, 2023
Changed: Aug 23
Last Checked: Aug 21 at 2:13PM
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 Colliers - Pleasant Grove - Utah County, Utah
Investment Insights
Based on property information with market context.
The Millcreek Creekside Apartments is a fully entitled project located in Millcreek, Utah. The approved design includes 423 apartments in four buildings, along with 7,000 square feet of flexible commercial space along Central Avenue. The location is walkable to two UTA Trax Stations, Murray North and Meadowbrook Stations. Planned amenities include an upscale clubhouse, pools, a fitness center, dog parks, fire pits, and walking trails. The project benefits from a $3.5 million TIF Agreement. The project includes building designs ready for value engineering and final construction drawings. Surveys, geotechnical and environmental studies, and final grading plans are included. The property straddles Big Cottonwood Creek.
Key Highlights
- Fully entitled project approved for 423 apartments and 7,000 sq ft of commercial space.
- Includes an in‑place TIF Agreement of $3.5 Million of public financing.
- Prime location walkable to two UTA Trax Stations (Murray North and Meadowbrook).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,468
Businesses Nearby
Explore this area
Business Placement
Demographics for 84116, UT
35,327
Population
14,487
Households
2.4
Avg Household Size
31
Median Age
24%
College-Educated
82%
High-School Grad
50.3 sq mi
ZIP Area
702
Density / Sq Mi
$69,604
Median Household Income
$38,492
Median Earnings
$1,280
Median Rent
$334,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Fully entitled 423-unit apartment project with commercial space.
Where is this commercial land located?
The property is located at 219 W Central Ave Millcreek, UT.
What is the asking price?
The asking price for this property is $12,277,000.
What are key features of this property?
This property features: Fully entitled project approved for **423 apartments and 7,000 sq ft of commercial space.**; Includes an in‑place TIF Agreement of $3.5 Million of public financing.; Prime location walkable to two UTA Trax Stations (Murray North and Meadowbrook).
