Lot/land

$650,000

803 W 500 S, Provo, UT 84601

--beds

--baths

0.56Acres

Unimproved Land

Built in ----

0.56 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Rare half-acre building 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!

38 days

81

2

Facts & features

Interior

Features

Has fireplace: No

Property

Features

Has view: Yes
View description: Mountain(s)

Lot

Size: 0.56 Acres
Features: Level
Topography: Terrain Flat

Details

Parcel number: 667040001
Zoning description: Multi-Family

Utilities & green energy

Sewer: Public Sewer, Sewer: Public
Utilities for property: Natural Gas Available, Electricity Available, Sewer Available

Community & HOA

Community

Features: Sidewalks
Subdivision: Sweetwood

HOA

Has HOA: No

Location

Region: Provo

Financial & listing details

Tax assessed value: $49,600
Annual tax amount: $2,088
Date on market: 5/22/2026
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,270/mo

Price history

Date	Event	Price
5/22/2026	Listed for sale	$650,000
Source: UtahRealEstate.com #2160138 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$504 +18.4%	$49,600 +20.1%
2023	$426 -5.4%	$41,300 -6.1%
2022	$450 -4.1%	$44,000
2021	$469 -36.5%	$44,000 -32.3%
2020	$739 -30.1%	$65,000 -32.8%
2019	$1,057 +11.5%	$96,700 +4.9%
2018	$948 +105.3%	$92,200 +4.9%
2017	$462	$87,900 +120.3%
2016	$462 +5.8%	$39,900 +4.7%
2015	$436	$38,100

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Franklin

Getting around

44 / 100

Some Transit

Nearby schools

GreatSchools rating

4/10
Franklin School
Grades: PK-6Distance: 0.2 mi
3/10
Shoreline Middle School
Grades: 7-8Distance: 0.6 mi
9/10
Eschool@Provo School District
Grades: K-12Distance: 1.5 mi

Schools provided by the listing agent

Elementary: Franklin
Middle: Dixon
High: Provo
District: Provo

Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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