For Sale
$10,000,000

950 1600Springville, UT 84663

15.52 Acres, $10M, High Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • 15.52-acre land parcel in Springville, listed at $10,000,000.
  • Medium-density residential zoning.
  • Excellent I-15 access and proximity to major urban areas.
  • High development potential.
  • Improved accessibility anticipated by 2026 due to a new I-15 interchange and road widening.
  • Non-divisible parcel.

Property Details for 950 1600

Property type
Land
Lot Size (sq. ft)
676,051 SF

Location Insight

City
Springville
County
Utah
State
Utah
Latitude
40.144767943612
Longitude
-111.6266523759
950 1600, Springville, Utah

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950 1600
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