Property summary
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
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Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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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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