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457 S University Ave - 465 South University 0.5 Acres of Commercial Land Offered at $696,960 in Provo, UT 84601

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Investment Highlights

Permitted uses include drive thru

High traffic - University Avenue has 29,500 cars daily

Executive Summary

Zoned CM (heavy commercial)
Permitted uses include food drive thru.
.5-acre parcel for sale on high traffic count road. University Avenue has 29,500 cars daily.

465 S University Ave_New Flyer

Property Facts

Price	$696,960	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial
No. Lots	1	Total Lot Size	0.50 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Heavy Commercial Zone(CM) - Heavy Commercial Zone (Chapter 14.24): The CM zone is a transitional zone between industrial areas and residential areas and/or lighter commercial.

Price	$696,960
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	0.50 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Heavy Commercial Zone(CM) - Heavy Commercial Zone (Chapter 14.24): The CM zone is a transitional zone between industrial areas and residential areas and/or lighter commercial.

1 Lot Available

Lot

Price	$696,960	Lot Size	0.50 AC
Price Per AC	$1,393,920.00

Price	$696,960
Price Per AC	$1,393,920.00
Lot Size	0.50 AC

Permitted uses include food drive-thru and automotive-related industries University Avenue has 29,500 cars daily Zoned Heavy Commercial

Description

.5-acre parcel for sale on high traffic count road. University Avenue has 29,500 cars daily. Ideal location for drive-thru. Zoned Heavy Commercial Zone (CM)

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Fairly walkable

50/100

Exceptionally drivable

100/100

Good public transit

70/100

Fairly bikeable

50/100

Source: Local Logic^®

(801) 376-5282

Contact

Bill Street
Summit Commercial Advisors

Listing ID: 28523077
Date on Market: 5/18/2023
Last Updated:
Address: 457 S University Ave, Provo, UT 84601

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457 S University Ave, Provo, UT for sale Primary Photo- Image 1 of 6 — IMG_6493

457 S University Ave, Provo, UT for sale Building Photo- Image 2 of 6 — 465 S University Ave

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457 S University Ave, Provo, UT for sale Site Plan- Image 4 of 6 — Site Plan

457 S University Ave, Provo, UT for sale Plat Map- Image 5 of 6 — Plot Parcel

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457 S University Ave - 465 South University

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