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- LoopNet Team
1750 1600 S
Springville, UT 84663
Suntana Interchange Property · Land For Sale
·
46.61 AC
INVESTMENT HIGHLIGHTS
- Directly on newly constructed freeway interchange
PROPERTY FACTS
| Property Type | Land | Proposed Use | Retail |
| Property Subtype | Commercial | Total Lot Size | 46.61 AC |
| Zoning | Regional Retail Commerc. - The RRC zone provides an area in which a range of retail oriented commercial may locate in a limited area to make it a major commercial destination. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 46.61 AC |
| Zoning | Regional Retail Commerc. - The RRC zone provides an area in which a range of retail oriented commercial may locate in a limited area to make it a major commercial destination. |
DESCRIPTION
This parcel is squarely located in the heart of the fastest growing state in the nation. Utah County grew by almost 150,000 people in the past ten years and this number is projected to be even higher over the coming ten years. Much of this growth is occurring in Southern Utah Valley. The property is zoned Regional Retail Commercial, which is intended to provide an area in which a range of retail-oriented commercial may locate. The limited area of this district functions to heighten the intensity of uses, concentrate activities and make it a major commercial destination. Specifically, the City desires to sell the property to a buyer that is anxious to immediately develop retail uses on the property for an opening to coincide with the interchange completion scheduled for late 2025. The City will review offers from qualified purchasers after response to the Request for Proposals. These responses are due by January 18, 2024. _____________________
