Salem, UT Commercial Real Estate for Sale

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Woodland Hills, UT Elk Ridge, UT Payson, UT Santaquin, UT Spanish Fork, UT Benjamin, UT Mapleton, UT Springville, UT
15 properties
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Flat Agricultural Farmland
Updated: Feb 23
Flat Agricultural Farmland

180 N WOODLAND HILLS Dr E, Salem, UT 84653

$4,950,000
14.21 AC lot
14.212 acres of flat farmland across 4 parcels
Agricultural zoning
Water rights and water shares included
Southeast corner of 180 North and Woodland Hills Dr
Directly adjacent to Salem City
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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
Commercial Land with Parkway Frontage

Salem, UT 84653

$1,176,120
1.50 AC lot

Commercial land with planned road access, public sewer, and natural gas availability near the I-15 Benjamin Exit.

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Fitness Center with Office Space
Fitness Center with Office Space

576 W State Road 198, Salem, UT 84653

$1,400,000
10,250 sqft

Configured for dance instruction, indoor training, and office use within one commercial property.

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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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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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Retail Suite with Spa Rooms
Retail Suite with Spa Rooms

109-523 N State Road 198, Salem, UT 84653

$1,425,000
7,309 sqft

Main-floor commercial suite includes offices, spa rooms, and a dedicated event or training area.

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Light Industrial Development Land
Light Industrial Development Land

1008 N 1750 W, Salem, UT 84653

$2,700,000
5.18 AC lot

Zoned I-1 Light Industrial, this 5.18-acre site includes a surveyed road framework and utility easements.

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Car Wash Anchored Retail Site
Car Wash Anchored Retail Site

987 N State Road 198, Salem, UT 84653

$1,176,120

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
Commercial Land

5-1905 Loafer Mountain Pkwy, Salem, UT 84653

$1,250,000

Commercial parcel fronts Loafer Mountain Pkwy near the Benjamin exit.

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Agricultural Land with Irrigation Well
Agricultural Land with Irrigation Well

9800 S Woodland Hills Dr, Salem, UT

$2,600,000
8.00 AC lot

Unincorporated land within Salem includes a 6-inch well for irrigation via Strawberry High Line Canal.

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Commercial Land
Commercial Land

1905 N Loafer Mountain Pkwy #5, Salem, UT 84653

$1,250,000

The parcel fronts Loafer Mountain Parkway near the Benjamin exit.

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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

Contact for pricing

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

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Drive-Through Restaurant with Dining
Drive-Through Restaurant with Dining

248 W Center St, Salem, UT 84653

$1,550,000
4,054 sqft

Operational restaurant includes inside dining and a drive-thru window, with real estate and equipment/fixtures included.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

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

Commercial-zoned land with public sewer near Spanish Fork’s recreation, fairground, trail, and sports amenities.

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Commercial Land Near Recreation
Commercial Land Near Recreation

30 E SOUTH Ln, Spanish Fork, UT 84660

$1,990,000
0.69 AC lot

Commercially zoned land near the Spanish Fork Fairgrounds, recreation center, river trail, and sports complex.

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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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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
View details
682 State Rd 198
GYM, HEALTH SPA

682 State Rd 198, Salem, UT 84653-4508

Estimated value:
$470,000
1,477 sqft 0.54 AC lot
View details
233 Ctr St
DAY CARE, PRE-SCHOOL

233 Ctr St, Salem, UT 84653

Estimated value: by Request
1,277 sqft 0.17 AC lot
View details
1066 State Rd 198
RETAIL STORES (PERSONAL SERVICES)

1066 State Rd 198, Salem, UT 84653-9350

Estimated value:
$555,000
2,612 sqft 1.11 AC lot
View details
769 1610th S
COMMERCIAL (GENERAL)

769 1610th S, Salem, UT 84653

Estimated value:
$245,000
0.40 AC lot
View details
817 Rdg Vw Dr
COMMERCIAL (GENERAL)

817 Rdg Vw Dr, Salem, UT 84653

Estimated value:
$260,000
0.34 AC lot
View details
551 State Rd 198
OFFICE BUILDING

551 State Rd 198, Salem, UT 84653-6201

Estimated value:
$475,000
2,266 sqft 0.29 AC lot
View details
150 400th N
LIGHT INDUSTRIAL

150 400th N, Salem, UT 84653-9365

Estimated value:
$750,000
51,907 sqft 1.38 AC lot
View details
Salem, UT 84653
COM AUTO TRANS/STORAGE

Salem, UT 84653

Estimated value: by Request
2,004 sqft 3.70 AC lot
View details

Salem, UT Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Salem, UT, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 21,613 square feet of properties for sale, with an estimated market value of $28,551,647.

Sale prices for business properties in Salem, UT start at $1,176,120, averaging $2,196,280, 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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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 $2.3M

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 Residential Income pricing trends in Utah County

Residential Income

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