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    Salem, UT
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    Salem, UT Commercial Land for Sale

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    Spanish Fork, UT Woodland Hills, UT Payson, UT Elk Ridge, UT Santaquin, UT Benjamin, UT Mapleton, UT Springville, UT
    8 properties
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    Commercial Land with Pad Sites
    Updated: Jul 23
    Commercial Land with Pad Sites

    Salem, UT 84653

    $2,578,740
    2.96 AC lot
    2.96‑acre commercial land offering in Salem, UT
    C1, C2, and C3 commercial zoning supported by the New Salem development agreement
    Frontage on Loafer Mountain Parkway and 17th North
    Near the I‑15 Benjamin Exit
    New Salem master plan includes 1,900+ planned residential units
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    Commercial Land with Parkway Frontage
    Updated: Jul 28, 2025
    Commercial Land with Parkway Frontage

    Salem, UT 84653

    $1,176,120
    1.50 AC lot
    1.5 acres available for commercial development
    Frontage on Loafer Mountain Parkway and 17th North
    New Salem development agreement supports C1, C2, and C3 commercial zoning
    Near the I‑15 Benjamin Exit into Salem
    Perimeter roads planned with utilities stubbed to the lot
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    Commercial Land with Parkway Frontage
    Commercial Land with Parkway Frontage

    Salem, UT 84653

    $1,442,707
    1.84 AC lot

    Commercial zoning supports retail and other commercial uses within the New Salem master plan.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Car Wash Anchored Retail Site
    Car Wash Anchored Retail Site

    987 N State Rd 198, Salem, UT 84653

    Contact for pricing
    1.50 AC lot

    Car wash anchored retail land offering exposure from a main highway and proximity to local grocery and nearby housing growth.

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    Commercial Land with Parkway Frontage
    Commercial Land with Parkway Frontage

    Salem, UT 84653

    $5,052,960
    5.80 AC lot

    Commercially zoned development land with adaptable pad configurations and planned road and utility infrastructure.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    Loafer Mountain Pkwy and SR 164, Salem, UT 84660

    Contact for pricing
    3.00 AC lot

    Commercial land with high traffic, ideal for retail development.

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    Commercial Land Near Grocery
    Commercial Land Near Grocery

    987 N State Rd, Salem, UT 84653

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    Commercial parcel near a grocery store, new housing development, and the area’s main highway.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    991 N State Rd 198, Salem, UT 84653

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    C-3 commercial zoning and frontage along State Road 198 support a range of land-use possibilities.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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.

    Commercial Land Near Recreation Center
    Commercial Land Near Recreation Center

    1005 S MAIN St, Spanish Fork, UT 84660

    $1,990,000
    0.32 AC lot

    Commercially zoned land with public sewer near recreation and fairground facilities.

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    Spanish Fork Development Opportunity
    Spanish Fork Development Opportunity

    30 E SOUTH Ln, Spanish Fork, UT 84660

    $1,990,000
    0.69 AC lot

    Prime commercial land for development in a growing area.

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    Commercial Land Near Freeway Access
    Commercial Land Near Freeway Access

    700 S 300 W, Santaquin, UT 84655

    $3,107,135

    Commercial acreage positioned near a freeway exit with additional land available.

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    Commercial Land Development Site
    Commercial Land Development Site

    901 S 300 W, Santaquin, UT 84655

    Contact for pricing
    10.19 AC lot

    Zoned C-1 commercial land totaling 10.19 acres, visible from I-15 in Santaquin, Utah.

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    Salem, UT Commercial Land Market Trends and Statistics

    Explore 8 commercial land for sale in Salem, UT, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 723,096 square feet of properties for sale, with an estimated market value of $10,250,527.

    Sale prices for commercial lots in Salem, UT start at $1,176,120, averaging $2,562,631, and reaching up to $5,052,960 — 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

    Residential land & home lots 38
    Commercial land 8
    Agricultural land / Farmland 2
    Industrial land 2

    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 $2.6M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Utah County

    Residential Income

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    Most Searched ZIP Codes in Salem, UT

    • 84653
    • 84660

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