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3230 N University Ave - Provo Land

3.5 Acres of Commercial Land Offered at $1,500,000 in Provo, UT 84604

Executive Summary

Parcel #'s
36:682:0007
20:030:0133
36:682:0003
36:682:0006
Presenting a premium 3.5-acre property located on University Avenue in Provo, Utah. This prime land, with 29,000 average daily traffic (ADT), offers an exceptional investment opportunity. The property is currently under a long-term ground lease, providing a steady income stream for the buyer.
Strategically situated near major landmarks, the lot is just moments away from Brigham Young University, Riverside Country Club, and the Jamestown Offices. The area is surrounded by a variety of restaurants, ensuring high visibility and accessibility for potential tenants or future development.
Key Property Highlights:
Size: 3.5 acres
Traffic: 29,000 ADT on University Avenue
Location: Near BYU campus, restaurants, and major office spaces
Income Potential: Long-term ground lease in place
This offering is ideal for investors seeking stable returns or developers looking to capitalize on Provo's vibrant growth and strategic location. The property’s proximity to Provo's key economic and social hubs ensures enduring value and versatility for future use.

Attachments

Provo Land Flyer

Property Facts

Price $1,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.50 AC

1 Lot Available

Lot

Price $1,500,000
Price Per AC $428,571
Lot Size 3.50 AC

3.5-acre lot on University Ave in Provo, UT, with 29,000 ADT and a long-term ground lease generating income. Located near BYU, Riverside Country Club, offices, and restaurants. Great investment opportunity!

  • Listing ID: 34145814

  • Date on Market: 12/10/2024

  • Last Updated:

  • Address: 3230 N University Ave, Provo, UT 84604

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