This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
800 South 1700 West - Red Bridge Station
0.44 - 6.47 Acre Commercial Land Lots Offered at $359,370 - $3,300,000 Per Lot in Payson, UT 84651
Investment Highlights
- 150,000 sq.ft. MTECH campus, over 24 acres of wetlands & open space, 12,000 sq.ft. club house w/pool, craft room, upper roof deck., landscaped plaza.
- Red Bridge will be a walkable community with an extensive trail system connecting approximately 54 acres of open space.
- #1 ranked MSA in the nation for economic performance in 2021 AND 2022.
- Planned for over 1200 residential units.
Executive Summary
Property Facts
14 Lots Available
Lot 4-1
| Price | $359,370 | Lot Size | 0.50 AC |
| Price Per AC | $718,740 |
| Price | $359,370 |
| Price Per AC | $718,740 |
| Lot Size | 0.50 AC |
Lot 4-1 is a commercial pad that has been approved for a 7,544 sq.ft. building. This lot is priced at $16.50 a square foot and has all utilities to the property. For more detailed information go to Redbridgestation.com.
Lot 2
| Price | $1,040,000 | Lot Size | 2.57 AC |
| Price Per AC | $404,669 |
| Price | $1,040,000 |
| Price Per AC | $404,669 |
| Lot Size | 2.57 AC |
Lot 2 has 32 four plex units (8 lots) that are 2 and 3 bedroom units. Will only need Payson City staff approval on final build plans. The lots are priced at $130,000.00 a lot. Will look at a joint venture on this pad.
Lot 3
| Price | $3,300,000 | Lot Size | 4.66 AC |
| Price Per AC | $708,155 |
| Price | $3,300,000 |
| Price Per AC | $708,155 |
| Lot Size | 4.66 AC |
Lot 3 consists of 120 twelve plex units (10 lots) that are 2 & 3 bedroom units. These are priced at $330,000.00 a lot and will only need Payson City staff approval on final build plans. Will look at a joint venture on this pad.
Lot 4-2
| Price | $2,777,500 | Lot Size | 2.96 AC |
| Price Per AC | $938,345 |
| Price | $2,777,500 |
| Price Per AC | $938,345 |
| Lot Size | 2.96 AC |
Lot 4-2 has one multi-family building that has 101 apartment units that are 1, 2, & 3 bedroom units ( 10,690 sq.ft.). All utilities are to the property and you will only need Payson City staff approval on final build plans.
Lot 5
| Price | $2,596,385 | Lot Size | 2.31 AC |
| Price Per AC | $1,123,976 |
| Price | $2,596,385 |
| Price Per AC | $1,123,976 |
| Lot Size | 2.31 AC |
Lot 5 is a mixed use parcel that has 88 apartment units with 1 & 2 bedroom units, and four office/retail pads with a total of 10,690 sq.ft. The multi-family units are priced at $27,500.00 a unit and the commercial is priced at $16.50 a square foot.
Lot 6
| Price | $2,865,060 | Lot Size | 1.95 AC |
| Price Per AC | $1,469,262 |
| Price | $2,865,060 |
| Price Per AC | $1,469,262 |
| Lot Size | 1.95 AC |
Lot 6 has 99 apartment units that are 1 & 2 bedroom units, and 3 office/retail pads that have a total of 8,640 sq.ft. The multi-family is $27,500.00 a unit and the commercial is $16.50 a square foot. They can be purchased separately.
Lot 7
| Lot Size | 1.65 AC |
| Lot Size | 1.65 AC |
Lot 7 has 108 apartment units that are 1 & 2 bedroom units and 4 office/retail pads with a total of 19,290 sq.ft.
Lot 8
| Lot Size | 1.99 AC |
| Lot Size | 1.99 AC |
Lot 8 has 195 apartment units that are 1 & 2 bedroom units and two office/retail pads that total 6,300 sq.ft.
Lot 9
| Lot Size | 0.44 AC |
| Lot Size | 0.44 AC |
Lot 9 is a commercial pad that has 2,780 sq.ft. proposed for a restaurant with a drive through.
Lot 10
| Lot Size | 1.30 AC |
| Lot Size | 1.30 AC |
Lot 10 has two commercial pads with a total of 19,306 sq.ft. These are proposed for single story, retail pads.
Lot 11
| Lot Size | 3.20 AC |
| Lot Size | 3.20 AC |
Lot 11 has three commercial pads with a total of 31,300 sq.ft. The largest pad is proposed for a small grocery store with a drive up pharmacy and loading dock. The other two pads are proposed for retail and restaurant with a drive up window.
Lot 12
| Lot Size | 5.44 AC |
| Lot Size | 5.44 AC |
Lot 12 has 215 apartment units with 1 & 2 bedroom units and a retail pad that is 4,764 sq.ft. and a drive up window.
Lot 13
| Lot Size | 6.47 AC |
| Lot Size | 6.47 AC |
Lot 13 has 237 apartment units that are 1 & 2 bedroom units and two commercial pad that total 11,050 sq.ft.
Lot 14
| Lot Size | 2.93 AC |
| Lot Size | 2.93 AC |
Lot 14 has 71 apartment units that are 1 & 2 bedroom units, and an office/retail pad that is 7,940 sq.ft. and a commercial pad that is proposed for an events center with 7,400 sq.ft.
Description
Red Bridge Station is a 100-acre plus development that will include almost 15 acres of commercial/retail pad area geographically centered in the Provo-Orem Metropolitan Statistical Area (MSA)—the #1 ranked MSA in the nation for economic performance in 2021 AND 2022. The project will feature a 13.5-acre Mountainland Technical College South County campus. Red Bridge will be a walkable community with an extensive trail system connecting approximately 54 acres of open space. Red Bridge Station is planned for 1,240 residential units that will range from 1, 2 and 3 bedrooms, 4-plexes to 5-story apartments. The site will have a retail shopping district and other general commercial projects. Red Bridge is also in the Utah Transit Authority’s long-term plan for a new Bus Rapid Transit station.
zoning
| Zoning Code | MU (The Red Bridge Station community is zoned higher education, mixed use, high density multi-family, office and retail.) |
| MU (The Red Bridge Station community is zoned higher education, mixed use, high density multi-family, office and retail.) |
-
Sheila Michaelis - Concept Properties
Presented by
Concept Properties
800 South 1700 West - Red Bridge Station
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.