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Investment Highlights

  • Zoned SC3 - Regional Shopping Center
  • Adjacent to Over 400 New Class A Rental Units
  • Surrounded by ~ 90,000 SF of Restaurant, Retail, Office, & Medical
  • Located Between BYU & UVU (~84,000 Students)

Executive Summary

For Sale or Ground Lease
Sale Price: $690,000
Ground Lease Rate: $60,000/yr NNN
All offers considered.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Taxes $8,293 $18,846.65
Operating Expenses - -
Total Expenses $8,293 $18,846.65

Financial Summary (Actual - 2025)

Taxes (CAD)
Annual $8,293
Annual Per AC $18,846.65
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $8,293
Annual Per AC $18,846.65

Property Facts

Price $947,011 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.44 AC
Zoning SC3 - Regional Shopping Center - https://provo.municipal.codes/Code/14.20

1 Lot Available

Lot

Price $947,011 CAD
Price Per AC $2,152,298.24 CAD
Lot Size 0.44 AC

Known as Lot #12 within the River's Edge at University Parcel ID: 51:733:0012 County Measurement: 0.4387 Acres Site plan attached in photos.

Description

Offering for Sale or Ground Lease is a rare ~0.44 retail pad site within the newly completed River's Edge Development — one of Utah Valley's most dynamic mixed-use destinations. Strategically positioned along University Parkway, this premier commercial opportunity sits at the heart of a thriving corridor flanked by two of Utah's largest universities: Brigham Young University (~35,000 students) and Utah Valley University (~48,000 students), creating an unmatched, built-in consumer base of over 83,000 students within a 3.5-mile radius. The development features over 400 new Class A residential units on-site, ensuring consistent day-to-night foot traffic and a loyal, walkable customer base for future tenants. Surrounded by established retail, dining, medical, and offices uses, this pad is primed for a wide range of users. Provo continues to rank among the nation's top-performing metros, fueled by a young, educated workforce and a thriving tech economy anchored by companies like Vivint, NuSkin, and Qualtrics. River's Edge positions an incoming buyer or tenant to capitalize on this momentum from day one.

Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
51-733-0012
Land Assessment
$827,743 CAD
Improvements Assessment
$0 CAD
Total Assessment
$827,743 CAD
Annual Taxes
$8,293 CAD
Tax Year
2025
  • Listing ID: 40480325

  • Date on Market: 2026-03-17

  • Last Updated:

  • Address: 431 W 2310 N, Provo, UT 84604

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