Automotive

Salem, UT Automotive Properties for Sale

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Woodland Hills, UT Payson, UT Elk Ridge, UT Santaquin, UT Spanish Fork, UT Benjamin, UT Mapleton, UT Springville, UT
Car Wash Anchored Retail Site
Updated: Jun 22
Car Wash Anchored Retail Site

987 N State Road 198, Salem, UT 84653

$1,176,120
Car wash anchored retail site in Salem, UT
Located on the main highway for visibility to passing traffic
Near a local grocery
Adjacent to or near nearby housing development
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Automotive Showroom and Service Facility
Automotive Showroom and Service Facility

2065 W 500 N, Springville, UT 84663

$5,500,000

Freeway-facing facility includes offices, service areas, display capacity, and secure fenced storage.

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RV Repair and Storage Facility
RV Repair and Storage Facility

B-ste2-147 N 2000 W, Springville, UT 84664

$1,750,000

Turn-key, long-established RV repair and storage operation with substantial customer parking and equipment capacity.

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Gas Station with Car Wash
Gas Station with Car Wash

114 S 850 E, Lehi, UT 84043

$2,772,000

Convenience store operation with drive-through service, freeway signage, and a car wash component.

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NNN Property
NNN Property

114 South 850 East, Lehi, UT 84043

Contact for pricing

Located in Lehi, Utah, at a South 850 East address.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Corner Lot
Commercial Corner Lot

450 S 100 W St, Payson, UT 84651

$549,900
0.91 AC lot

Commercially zoned corner parcel with sewer, water, and natural gas availability nearby.

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Prime Development Ground I-15 Access
Prime Development Ground I-15 Access

500 West Lakeview Parkway, Provo, UT 84601

Contact for pricing

Commercial land with freeway zoning, ideal for diverse ventures.

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Off-Market Properties in Salem, UT

Consider similar Off-Market properties in Salem, UT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

987 State Rd 198
CAR WASH - AUTOMATED

987 State Rd 198, Salem, UT 84653-4505

Estimated value:
$750,000
5,885 sqft 3.05 AC lot
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130 Main St
AUTO REPAIR, GARAGE

130 Main St, Salem, UT 84653-5698

Estimated value: by Request
1,871 sqft 0.38 AC lot
View details
532 State Rd 198
CAR WASH - SELF-SERVE

532 State Rd 198, Salem, UT 84653-5622

Estimated value:
$645,000
2,832 sqft 0.41 AC lot
View details
1009 State Rd 198
AUTO REPAIR, GARAGE

1009 State Rd 198, Salem, UT 84653-9350

Estimated value:
$570,000
5,050 sqft 2.04 AC lot
View details
648 State Rd 198
AUTO REPAIR, GARAGE

648 State Rd 198, Salem, UT 84653-5688

Estimated value:
$585,000
9,805 sqft 1.25 AC lot
View details
540 State Rd 198
CAR WASH - AUTOMATED

540 State Rd 198, Salem, UT 84653

Estimated value: by Request
2,079 sqft 0.34 AC lot
View details

Salem, UT Automotive Properties Market Trends and Statistics

Explore 7 automotive properties for sale in Salem, UT on our real estate platform.

Sale prices for automotive businesses in Salem, UT average $1,176,120 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Car washes 1

Demographics Overview

Population 12K
Population Growth (5Y) +26.9%
Median Household Income $111,420
College Educated 53.8%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84653 $1.2M

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $13.38 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

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