For Sale
$2,000,000

886 50 Springville, UT 84663

Prime Utah residential development opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 5.46-acre property in Springville, Utah, presents a unique multi-family development opportunity. The land is comprised of two parcels: a 0.75-acre front parcel (26-031-0063) zoned for Light Industrial Manufacturing, and a 4.73-acre rear parcel (26-028-0051) zoned R1-15 for single-family residential use. The existing home on the property is a legally non-conforming structure. The City of Springville allows for housing development on the R1-15 zoned parcel, with a minimum lot size of 15,000 square feet per lot. Prospective buyers are encouraged to verify all development possibilities and requirements directly with the City of Springville. The property is located at 886 S 50 W, Springville, UT 84663. Access to the property requires a scheduled appointment; please note that the seller works from home and should not be disturbed without prior arrangement. The asking price for this remarkable development opportunity is $2,000,000. Serious inquiries only.

Highlights

  • $2,000,000 asking price.
  • 5.46-acre land parcel in Springville, UT.
  • Zoned for mixed-use development: Light Industrial and R1-15 (Residential).
  • Potential for multi-family residential development.
  • Requires appointment for showing.

Property Details for 886 50

Property type
Land
Lot Size (sq. ft)
237,838 SF

Location Insight

City
Springville
County
Utah
State
Utah
Latitude
40.1543092
Longitude
-111.6119182

FAQs

What type of property is this?
Land - Prime Utah residential development opportunity.
Where is the land located?
The property is located at 886 50 Springville, UT.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: $2,000,000 asking price.; 5.46-acre land parcel in Springville, UT.; Zoned for mixed-use development: Light Industrial and R1-15 (Residential).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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886 50
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