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Property profile & analytics
OFF-MARKET
Land

950 1600 Springville, UT 84663

15.52 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 15.52-acre parcel in Springville, Utah, presents a compelling investment opportunity for large-scale residential development. Located at 950 W 1600 S, Springville, UT 84663 (APN 26:054:0095), this property is zoned RMF-1, making it suitable for multi-family residential projects. The asking price is $10,000,000, translating to approximately $644,000 per acre. Its strategic location offers easy access to Interstate 15, providing convenient commutes to major urban centers. Furthermore, the property benefits from its proximity to local amenities and the anticipated improvements to the I-15 interchange and road widening project slated for completion by 2026, which will further enhance accessibility and desirability. The land is not subdividable. This significant acreage presents a rare chance to capitalize on the growing demand for housing in this thriving Utah County community. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 15.52 ac (676,051 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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