803 W 500 S, Provo, UT 84601
SWEETWOOD · Utah County
Key Facts
Description
Rare downtown subdivision lot. Exceptional multi-family development opportunity in the heart of Provo! This rare half-acre building lot offers incredible potential for 4 to 5 residential units and is ideally located near downtown Provo, shopping, restaurants, schools, and the FrontRunner commuter rail for easy access throughout Utah County and beyond. Utilities are readily available with power, gas, water, and sewer either stubbed to the property or located in the road, helping simplify the development process. With strong rental demand in the area and convenient access to BYU, UVU, I-15, and public transportation, this property is perfectly positioned for investors, builders, and developers looking to capitalize on one of Utah County's most desirable and growing markets. Opportunities like this are becoming increasingly difficult to find - don't miss your chance to build in a prime Provo location!
Property Information
Property Type
Land
Lot Size
0.56 acres
Lot Dimensions
0.0x0.0x0.0
Zoning
Multi-Family
Days on Market
60
MLS® Listing#
2160138
Property Features
Cooling
Heating
Lot Features
Utilities
Sewer
Schools
- Elementary:
- Franklin
- Middle:
- Dixon
- High:
- Provo
Financial Details
HOA
None
Annual Taxes
$2,088
Parcel Number
66-704-0001
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Provo, UT
- $533,981
- Median Listing Price
- 55
- Median Days on Market
- 2,090
- Median Sq Ft
- $267
- Median Price / Sq Ft
- 286
- Active Listings
- This home’s price is 22% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Provo, UT.
Location
Points of Interest in Provo, UT
Showing the Provo area map.
Nearby Schools
Dixon Middle School
Secondary · 0.2 mi away
Timpanogos Elementary
Elementary · 0.2 mi away
Discovery Academy
School · 0.4 mi away
Mountainland Head Start
Elementary · 0.5 mi away
Patchwork Preschool
School · 0.6 mi away
Provo City School District
School · 0.7 mi away
Independence High School
Secondary · 0.8 mi away
Provo Adult Education
Secondary · 0.8 mi away
Franklin Elementary School
Elementary · 0.8 mi away
Seminary - the Church of Jesus Christ of Latter-Day Saints
School · 0.8 mi away
Provo School District Eschool
School · 0.9 mi away
Provo High School
Secondary · 0.9 mi away
Sunset View Elementary School
Elementary · 1.1 mi away
Byu McKay School of Education
School · 1.2 mi away
Westridge Elementary School
Elementary · 1.3 mi away
Joaquin Elementary School
Elementary · 1.3 mi away
Provo Peaks Elementary School
Elementary · 1.4 mi away
Seminary - the Church of Jesus Christ of Latter-Day Saints
School · 1.6 mi away
Wasatch Elementary School
Elementary · 1.7 mi away
Amelia Earhart Elementary School
Elementary · 1.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1747 COBBLESTONE DR, Provo, UT | $455,000 | 3 | 3 | 2,930 |
| 5198 N UNIVERSITY AVE 401, Provo, UT | $455,000 | 3 | 3 | 1,590 |
| 2475 W 200 N, Provo, UT | $457,500 | 5 | 2 | 2,205 |
| 140 S 800 W, Provo, UT | $459,900 | 3 | 2 | 1,718 |
| 1604 S 450 W, Provo, UT | $460,000 | 4 | 3 | 1,440 |
| 1090 E 460 ST S, Provo, UT | $460,000 | 4 | 2 | 1,600 |
Moving Cost Estimate
EXIT Agents in Provo
Listing Courtesy: Bybee & Co Realty, LLC - 801-210-1461
Last Updated: 2026-05-22