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5600 Canyon rd 5.9 Acres of Residential Land Offered at $2,300,000 in Provo, UT 84604
Executive Summary
Introducing a premier condo development opportunity in Provo’s Arbors on the Avenue Project Redevelopment Option Zone. This offering includes two parcels and a condo project that has already received Planning Commission approval, with final approval scheduled for the Provo City Council meeting on June 9th. The project offers a flexible development layout and presents a rare opportunity to bring a thoughtfully designed residential community to one of Provo’s strongest growth areas. With zoning and entitlement progress already underway, this site provides developers the ability to move forward with confidence in a prime Provo location.
Property Facts Under Contract
| Price | $2,300,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 5.90 AC |
| Property Type | Land | ||
| Zoning | MDR - Medium Density Residential Zone | ||
| Price | $2,300,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 5.90 AC |
| Zoning | MDR - Medium Density Residential Zone |
1 Lot Available
Lot
| Price | $2,300,000 | Lot Size | 5.90 AC |
| Price Per AC | $389,830.51 |
| Price | $2,300,000 |
| Price Per AC | $389,830.51 |
| Lot Size | 5.90 AC |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $267,100 | Total Assessment | $267,100 |
Property Taxes
Parcel Numbers
Land Assessment
$267,100
Improvements Assessment
$0
Total Assessment
$267,100
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5600 Canyon rd
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