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    Salem, UT
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    Salem, UT Commercial Land for Sale

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    Woodland Hills, UT Payson, UT Elk Ridge, UT
    7 results
    Drive-Thru Retail Buildable Pad
    $696,960
    1.30 Acres

    Drive-Thru Retail Buildable Pad

    1900 N LOAFER MOUNTAIN W PKWY 2, Salem, UT 84653

    Undeveloped I-15 Interchange exit, drive-thru retail opportunity.

    • High growth Interchange location
    • One of the last undeveloped Exits along the I‑15 Corridor
    • 17 acre commercial retail project (first phase)
    • Drive‑Thru retail buildable pad (Lot #1)
    • First full light intersection east of the Freeway
    Updated: Mar 23
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    Commercial Property with Residential Use
    $1,349,900
    0.52 Acres

    Commercial Property with Residential Use

    555 W 300 S, Salem, UT 84653

    Commercial zoned property allowing residential use with shop and home.

    • Commercial zoning allows for both business and residential use
    • 35x36 shop with 220V 3‑phase power and natural gas heat
    • Extensively remodeled with new HVAC, roof, plumbing, flooring, and kitchen
    • Large master suite with updated bathroom and mini‑split HVAC
    • Large .52‑acre lot with fruit trees, greenhouse, garden area, mini‑moto track, waterfall, and pond
    Updated: Mar 12
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    Commercial Land Near I-15 Exit
    $1,566,125
    1.43 Acres

    Commercial Land Near I-15 Exit

    Commercial land with high traffic near I-15 in Salem, UT.

    Salem, UT 84653
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    Prime Commercial Land I-15 Exit
    $1,314,860
    1.50 Acres

    Prime Commercial Land I-15 Exit

    1.5 acres available off I-15 in Salem, Utah.

    Salem, UT 84653
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    Commercial Land I-15 Exit
    $5,324,774
    7.64 Acres

    Commercial Land I-15 Exit

    Commercial land with high traffic near I-15 in Salem, UT.

    Salem, UT 84653
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    Retail Site in Salem, UT
    $1,176,120

    Retail Site in Salem, UT

    Commercial land for sale near grocery and new housing.

    987 N State Road 198, Salem, UT 84653
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    Prime Commercial Land Opportunity
    $2,622,312
    3.00 Acres

    Prime Commercial Land Opportunity

    Commercial land with high traffic, ideal for retail development.

    Loafer Mountain Pkwy and SR 164, Salem, UT 84660
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Spanish Fork Development Opportunity
    $1,990,000
    0.69 Acres

    Spanish Fork Development Opportunity

    Prime commercial land for development in a growing area.

    30 E SOUTH Ln, Spanish Fork, UT 84660
    View details
    Spanish Fork Development Opportunity
    $1,990,000
    0.32 Acres

    Spanish Fork Development Opportunity

    Prime commercial land for development in a high-growth area.

    1005 S MAIN St, Spanish Fork, UT 84660
    View details
    Payson Commercial Land Opportunity
    $349,900
    0.34 Acres

    Payson Commercial Land Opportunity

    Commercial land with residential flexibility in central Payson, Utah.

    443 E 100 N, Payson, UT 84651
    View details
    Commercially Zoned Corner Lot
    $379,000
    12,196 SF

    Commercially Zoned Corner Lot

    High-visibility corner lot in downtown with highway frontage.

    118 East 100 North, Payson, UT 84651
    View details

    Salem, UT Commercial Land Investment Opportunities Market Analysis

    Explore 7 commercial land for sale in Salem, UT, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $14,051,051.

    Sale prices for commercial lots in Salem, UT start at $696,960, averaging $2,007,293, and reaching up to $5,324,774 — 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

    Residential land & home lots 19
    Commercial land 8
    Industrial land 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 median listing prices of real estate assets

    Neighborhood Average Price
    Salem $1.9M
    Spanish Fork $2.6M

    Taxes & Financing

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

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    Most Searched ZIP Codes in Salem, UT

    • 84653
    • 84660

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