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400 W 900 S 8.95 Acres of Commercial Land Offered at $5,581,050 CAD in Payson, UT 84651
INVESTMENT HIGHLIGHTS
- Adjacent to the new I-14 Payson Main Street interchange
- Great access and visibility from I-15
- Will be the premier commercial corner upon completion of the interchange reconstruction
- Area has seen a lot of growth over the past 5 years: including residential and commercial expansion
EXECUTIVE SUMMARY
- Close proximity to the I-15 interchange
- Main Street Interchange reconstruction planned as a braided ramp configuration to connect main Street with a new interchange at the UVU Payson Campus.
- Prime Commercial location as the first corner off the new interchange design
- One of the fastest growing population areas in Utah County
- Cash flow potential as a covered land play until development
- Parcel : 8.95 acres 30:1014:0053
- Currently zoned RA-5 with Annexation application into the City
- Future Zoning anticipated to be commercial
PROPERTY FACTS
| Price | $5,581,050 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 8.95 AC |
| Price | $5,581,050 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 8.95 AC |
1 LOT AVAILABLE
Lot 30:014:005
| Price | $5,581,050 CAD | Lot Size | 8.95 AC |
| Price Per AC | $623,581.05 CAD |
| Price | $5,581,050 CAD |
| Price Per AC | $623,581.05 CAD |
| Lot Size | 8.95 AC |
Future Commercial Corner. This property is in the premier commercial location for the redesigned Payson Main Street Exit that is in the planning stage.
DESCRIPTION
Colliers is pleased to present an opportunity to purchase 8.95 acres of land in Payson City, Utah. The property is located just Southwest of the Payson power plant, adjacent to the new I-15 Payson Main Street interchange and will be the premier commercial corner upon completion of the interchange reconstruction scheduled for delivery in 2028. This property has great access and visibility from I-15 and is planned for Commercial zoning. The area has seen a lot of growth over the past 5 years; Including residential and commercial expansion.
Presented by
400 W 900 S
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