Property summary
This exceptional 0.5-acre commercial land parcel, located at 465 S University Ave in Provo, Utah (APN 05:005:0008), presents a unique investment opportunity. Priced at $762,300 ($35/SF), this property boasts a highly desirable CM (Heavy Commercial) zoning designation, opening doors to a wide array of permitted uses. The land's strategic location on University Avenue ensures high visibility and accessibility, with a daily traffic count exceeding 29,500 vehicles. This translates to significant potential for businesses seeking maximum exposure. The property's size and zoning make it suitable for various commercial ventures, including, but not limited to, food drive-thrus. Its proximity to Provo's vibrant urban core further enhances its appeal. This is a rare chance to acquire a well-situated commercial lot in a thriving Utah County market, poised for substantial growth and return on investment. The property's address is easily accessible and visible from the main thoroughfare. Serious inquiries are encouraged to explore the full development potential of this exceptional offering. The zip code is 84601.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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