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$650,000
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Property Description
Exceptional multi-family development opportunity in the heart of Provo! This rare half-acre building lot offers incredible potential for 45 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!
Full Property Details
Full Property Details for 803 W 500 S
General
- Price: $650,000
- Taxes: $2,088
- Status: Active
- Type: Land Residential
- Source: WFR
- MLS ID: 2160138
- Updated: 5/22/2026
- Added to Site: 10 day(s) ago
Location
- Area: Provo; Mamth; Springville
- County: Utah
- Subdivision: SWEETWOOD
- Cross Streets: 500
School Information
- Elem School District: Provo
- Midd School District: Provo
- High School District: Provo
- Elementary School: Franklin
- Middle School: Dixon
- High School: Provo
Utilities
- Sewer: Sewer: Available, Sewer: Public
- Utility Description: Natural Gas Available, Electricity Available, Sewer Available, Sewer: Public
Structural Information
- Current Bldg. Use: Residential, Multi-Family
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.56
- Lot Size (Sq. Ft.): 24,393.6
- Lot Size: .56
- Topography: Terrain: Flat
- Lot Features: Sidewalks, View: Mountain, Terrain: Flat
Financial Considerations
- Tax Amount: $2,088
- Terms: Cash
Disclosures and Reports
- Property ID: 66-704-0001
Listed by Bybee & Co Realty, LLC
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Schools
Schools serving 803 W 500 S
School District:Provo School District
| Name | Grades | Distance |
|---|---|---|
Franklin School, Provo, UT 350 South 600 West, Provo, UT 84601 | K-6 | 0.2 mi |
Eschool@Provo School District 280 West 940 North, Provo, UT 84604 | K-12 | 1.5 mi |
Dixon Middle School 750 West 200 North, Provo, UT 84601 | 7-8 | 0.7 mi |
Provo High School 1199 Lakeshore Drive, Provo, UT 84601 | 7-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 803 W 500 S
Date
Details
Price
Change
Source
5/22/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 803 W 500 S
803 W 500 S, Provo, UT 84601 (MLS# 2160138) is a Land Residential property with a lot size of 0.56 acres. 803 W 500 S is currently listed for $650,000 and was received on May 22, 2026. Want to learn more about 803 W 500 S? Do you have questions about finding other Land Residential real estate for sale in Provo? You can browse all Provo real estate or contact a Coldwell Banker agent to request more information.

