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Investment Highlights

  • Zoning: DT2
  • Property Size: 3.49 AC
  • Fully Graded
  • Utilities Stubbed On-Site
  • In-Fill Development Land

Executive Summary

Downtown Provo University Land offers one of the most compelling high-density development opportunities in Downtown Provo. The 3.49-acre infill site is a true blank canvas, benefiting from DT2 Downtown Core zoning, completed site improvements, and immediate access to Provo’s primary employment, retail, entertainment, transit, and university anchors. Conceptual planning demonstrates the site’s versatility through three distinct development scenarios—including student housing, multifamily, and mixed-use hotel/residential—providing developers the flexibility to execute a project that aligns with market demand while maximizing the site’s long-term value and highest-and-best use.

Property Facts

Price $10,400,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Apartment Units
  • Hotel
Total Lot Size 3.49 AC
Opportunity Zone Yes
Zoning DT2 - Downtown Core

1 Lot Available

Lot

Price $10,400,000
Price Per AC $2,979,942.69
Lot Size 3.49 AC

Downtown Provo University Land offers one of the most compelling high-density development opportunities in Downtown Provo. The 3.49-acre infill site is a true blank canvas, benefiting from DT2 Downtown Core zoning.

Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
  • Listing ID: 41534422

  • Date on Market: 8/3/2026

  • Last Updated:

  • Address: 282 Freedom Blvd, Provo, UT 84601

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