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Salem, UT

Salem, UT Commercial Real Estate for Sale

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Elk Ridge, UT Payson, UT Spanish Fork, UT Woodland Hills, UT Santaquin, UT Palmyra, UT Benjamin, UT Mapleton, UT

8 properties

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Multi-Use Sports Facility

Updated: Mar 27

Multi-Use Sports Facility

576 W STATE ROAD 198, Salem, UT 84653

$1,500,000

0.67 AC lot

Built in 2004 with flat aluminum roof
Mezzanine retail space with office space and a mix of private and public restrooms
Security alarm system; accessible approach with ramp
Heating includes forced air natural gas; cooling includes central air and evaporative cooling
Paved parking plus outbuildings

Prime Commercial Land I-15 Exit

Updated: Jul 28, 2025

Prime Commercial Land I-15 Exit

Salem, UT 84653

$1,314,860

1.50 AC lot

High traffic location: Expect approximately 29,500 trips per day.
Prime commercial location: Situated at the entrance of Salem, Woodland Hills, and Elk Ridge.
Development ready: Super pads with perimeter roads and utilities are ready for development.
Flexible sizing: Pads can be sized or subdivided.
Favorable zoning: New Salem master plan allows for C1, C2, and C3 commercial zoning.

Commercial Land I-15 Exit

Commercial Land I-15 Exit

Salem, UT 84653

$5,324,774

7.64 AC lot

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

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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

$1,176,120

1.50 AC lot

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

Luxury Golf Community Land

Luxury Golf Community Land

Salem, UT 84653

$328,000

0.33 AC lot

Premier golf community with world-class amenities and diverse activities.

Prime Commercial Land Opportunity

Prime Commercial Land Opportunity

Loafer Mountain Pkwy and SR 164, Salem, UT 84660

$1,176,120

3.00 AC lot

Commercial land with high traffic, ideal for retail development.

Commercial Property with Residential Use

Commercial Property with Residential Use

555 W 300 S, Salem, UT 84653

$1,500,000

0.52 AC lot

Commercial zoned property allowing residential use with shop and home.

Operating Restaurant with Drive-Thru

Operating Restaurant with Drive-Thru

248 W CENTER N, Salem, UT 84653

$1,550,000

4,054 sqft 0.69 AC lot

Restaurant with drive-thru, equipment, and real estate included for sale.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 8 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

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.

Spanish Fork Development Opportunity

Spanish Fork Development Opportunity

1005 S MAIN St, Spanish Fork, UT 84660

$1,990,000

0.32 AC lot

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

Payson Commercial Corner Lot

Payson Commercial Corner Lot

450 S 100 W St, Payson, UT 84651

$549,900

0.91 AC lot

Prime commercial lot with high traffic count in Payson.

Payson Land Near I-15

Payson Land Near I-15

603 W 900 N, Payson, UT 84651

$2,200,000

5.10 AC lot

5.1 acres of industrial/agricultural land near I-15 in Payson, UT.

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

Value Estimation by Request

5,885 sqft 3.05 AC lot

682 State Rd 198

GYM, HEALTH SPA

682 State Rd 198, Salem, UT 84653-4508

Value Estimation by Request

1,477 sqft 0.54 AC lot

DAY CARE, PRE-SCHOOL

233 Ctr St, Salem, UT 84653

Value Estimation by Request

1,277 sqft 0.17 AC lot

1066 State Rd 198

RETAIL STORES (PERSONAL SERVICES)

1066 State Rd 198, Salem, UT 84653-9350

Value Estimation by Request

2,612 sqft 1.11 AC lot

COMMERCIAL (GENERAL)

769 1610th S, Salem, UT 84653

Value Estimation by Request

0.40 AC lot

COMMERCIAL (GENERAL)

817 Rdg Vw Dr, Salem, UT 84653

Value Estimation by Request

0.34 AC lot

551 State Rd 198

OFFICE BUILDING

551 State Rd 198, Salem, UT 84653-6201

Value Estimation by Request

2,266 sqft 0.29 AC lot

LIGHT INDUSTRIAL

150 400th N, Salem, UT 84653-9365

Value Estimation by Request

51,907 sqft 1.38 AC lot

Salem, UT 84653

COM AUTO TRANS/STORAGE

Salem, UT 84653

Value Estimation by Request

2,004 sqft 3.70 AC lot

Salem, UT 84653

COMMERCIAL (GENERAL)

Salem, UT 84653

Value Estimation by Request

16.38 AC lot

MINI-WAREHOUSE, STORAGE

8660 State Rd, Salem, UT 84653-9227

Value Estimation by Request

1,331 sqft 2.46 AC lot

COMMERCIAL (GENERAL)

407 870th N, Salem, UT 84653-5808

Value Estimation by Request

1.00 AC lot

Salem, UT 84653

COMMERCIAL (GENERAL)

Salem, UT 84653

Value Estimation by Request

0.70 AC lot

MINI-WAREHOUSE, STORAGE

7841 2000th W, Salem, UT 84653

Value Estimation by Request

18,712 sqft 12.05 AC lot

575 State Rd 198

SHOPPING CENTER, STRIP CENTER

575 State Rd 198, Salem, UT 84653-5671

Value Estimation by Request

10,639 sqft 0.25 AC lot

452 State Rd 198

INDUSTRIAL (GENERAL)

452 State Rd 198, Salem, UT 84653-9187

Value Estimation by Request

1,998 sqft 0.76 AC lot

Salem, UT Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Salem, UT, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 4,054 square feet of properties for sale, with an estimated market value of $1,550,000.

Sale prices for business properties in Salem, UT start at $1,550,000, averaging $1,550,000, and reaching up to $1,550,000 — 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
Salem	$1.6M
Spanish Fork	$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)

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