Your email has been sent.
800 South 1700 West - Red Bridge Station 0.44 - 6.47 Acre Commercial Land Lots Offered at $441,226 - $4,604,160 CAD 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
12 LOTS AVAILABLE
Lot 2
| Price | $1,451,008 CAD | Lot Size | 2.57 AC |
| Price Per AC | $564,594.56 CAD |
| Price | $1,451,008 CAD |
| Price Per AC | $564,594.56 CAD |
| 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 | $4,604,160 CAD | Lot Size | 4.66 AC |
| Price Per AC | $988,017.18 CAD |
| Price | $4,604,160 CAD |
| Price Per AC | $988,017.18 CAD |
| 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 | $3,875,168 CAD | Lot Size | 2.96 AC |
| Price Per AC | $1,309,178.39 CAD |
| Price | $3,875,168 CAD |
| Price Per AC | $1,309,178.39 CAD |
| 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 | $3,622,476 CAD | Lot Size | 2.31 AC |
| Price Per AC | $1,568,171.60 CAD |
| Price | $3,622,476 CAD |
| Price Per AC | $1,568,171.60 CAD |
| 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 | $3,997,332 CAD | Lot Size | 1.95 AC |
| Price Per AC | $2,049,913.72 CAD |
| Price | $3,997,332 CAD |
| Price Per AC | $2,049,913.72 CAD |
| 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 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
| Price | $441,226 CAD | Lot Size | 0.44 AC |
| Price Per AC | $1,002,787.33 CAD |
| Price | $441,226 CAD |
| Price Per AC | $1,002,787.33 CAD |
| 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
| Price | $2,271,386 CAD | Lot Size | 1.30 AC |
| Price Per AC | $1,747,219.71 CAD |
| Price | $2,271,386 CAD |
| Price Per AC | $1,747,219.71 CAD |
| 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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $19,524,987 CAD | Total Assessment | $19,524,987 CAD |
PROPERTY TAXES
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.