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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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5600 N Canyon Rd , Provo, UT 84604
$2,300,000
Est. Payment: $5,111.11/mo
0 Bed
0 Bath
0 Sqft
Status: Under Contract | Days on site: 248
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70698 - 4021726,94409
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House Description

Introducing a premier condo development site in the Riverbottoms area of Provo, near the mouth of Provo Canyon. With zoning and concept plans approved by the City of Provo, the property presents an opportunity for a developer to pursue a thoughtfully designed residential community in one of Provo's strongest growth areas. The current concept plan provides for the potential development of approximately 46 residential units totaling 82,612 square feet across four floors, along with a potential underground/podium parking area with approximately 57 parking stalls. The site also offers potential access off Indian Trails Road, private trail access, and opportunities for additional amenities. The property encompasses approximately 5.90 acres, with just over 2 acres designated as buildable. The property is zoned Arbors on the Avenue Pro Zone, a zoning designation designed for properties just south along University Avenue with similar site requirements. With zoning and concept plans already approved, the site offers developers a strong opportunity to pursue a residential project in a desirable Provo location.

Highlights

Listed by Scott Fairbanks , 801-830-2234 and Brycen Woodley , 801-855-5900 Woodley Real Estate , 801-855-5900.

Property Type

Vacant Land

Lot/Acreage
5.9

County

Utah

Area

Orem; Provo; Sundance

School District

Provo

Listing ID

2127171

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:Multi-Family
Principal Interest
$5,111
Taxes
$158

Home Price

$2,300,000

Loan Details

30 yrs
%

Down Payment

20%
$460,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,111.11 $157.50 $0.00 $5,268.61
Yearly $61,333.33 $1,890.00 $0.00 $63,223.33
Total $1,840,000.00 $56,700.00 $0.00 $1,896,700.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Provo, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.