Your email has been sent.
Investment Highlights
- Zoned SC3 - Regional Shopping Center
- Adjacent to Over 400 New Class A Rental Units
- All utilities at or adjacent to site.
- Surrounded by ~90,000 SF of Restaurant, Retail, Office, & Medical
- Located Between BYU & UVU (~84,000 Students)
Executive Summary
Sale Price: $975,000
Ground Lease Rate: $80,000/yr NNN
All offers considered.
Financial Summary (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$9,893
|
$15,956.45
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$9,893
|
$15,956.45
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $9,893 |
| Annual Per AC | $15,956.45 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $9,893 |
| Annual Per AC | $15,956.45 |
Property Facts
| Price | $975,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.62 AC |
| Zoning | SC3 - Regional Shopping Center - https://provo.municipal.codes/Code/14.20 | ||
| Price | $975,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.62 AC |
| Zoning | SC3 - Regional Shopping Center - https://provo.municipal.codes/Code/14.20 |
1 Lot Available
Lot
| Price | $975,000 | Lot Size | 0.62 AC |
| Price Per AC | $1,572,580.65 |
| Price | $975,000 |
| Price Per AC | $1,572,580.65 |
| Lot Size | 0.62 AC |
Known as Lot #9 within the River's Edge at University. Parcel ID: 51:733:0009. County Measurement: 0.6246 Acres. Site plan attached in photos.
Description
Offering for Sale or Ground Lease is a rare ~0.63 retail pad site within the newly completed River's Edge Development — one of Utah Valley's most dynamic mixed-use destinations. This site has direct, unobstructed visibility to and from University Parkway. Strategically positioned along University Parkway, this premier commercial opportunity sits at the heart of a thriving corridor flanked by two of Utah's largest universities: Brigham Young University (~35,000 students) and Utah Valley University (~48,000 students), creating an unmatched, built-in consumer base of over 83,000 students within a 3.5-mile radius. The development features over 400 new Class A residential units on-site, ensuring consistent day-to-night foot traffic and a loyal, walkable customer base for future tenants. Surrounded by established retail, dining, medical, and offices uses, this pad is primed for a wide range of users. Provo continues to rank among the nation's top-performing metros, fueled by a young, educated workforce and a thriving tech economy anchored by companies like Vivint, NuSkin, and Qualtrics. River's Edge positions an incoming buyer or tenant to capitalize on this momentum from day one.
Property Taxes
| Parcel Number | 51-733-0009 | Total Assessment | $987,400 |
| Land Assessment | $840,600 | Annual Taxes | $9,893 |
| Improvements Assessment | $146,800 | Tax Year | 2025 |
Property Taxes
Presented by
402 W Rivers Edge Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.




