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    1950 N Loafer Mtn Pkwy W, Unit 10 Salem, UT 84653

    For Sale
    $1,503,300

    COMMERCIAL - Salem, UT

    Lot size:
    2.30 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 1950 N Loafer Mtn Pkwy W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Lot size
    2.30 Acres

    Building Details

    Year built
    2025

    Keller Williams Westfield Real Estate [email protected]

    Listing agent Clay Winder (801) 850-5600

    Listing date Oct 10, 2025

    Copyright © 2025 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in High-Growth Area

    This 2.3-acre commercial land parcel presents an opportunity in a high-growth interchange area. Located near the I-15 corridor, it is positioned within a 17-acre commercial retail project at the first full light intersection east of the freeway. Specifically designated as lot 10, it is suitable for a hotel pad. The newly opened Loafer Mountain Parkway, a major artery in South Utah County, connects this exit with Salem City, Woodland Hills, Payson, and Elk Ridge.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Salem
    County
    Utah
    State
    Utah
    Longitude
    -111.554
    Latitude
    39.9788

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial land - Undeveloped commercial land near I-15 interchange in Salem, Utah.
    Where is this commercial land located?
    The property is located at 1950 N Loafer Mtn Pkwy W, Unit 10 Salem, UT.
    What is the asking price?
    The asking price for this property is $1,503,300.
    What are key features of this property?
    This property features: - Prime location at a high-growth interchange on the I-15 corridor; - One of the last undeveloped exits along the I-15; - 17-acre commercial retail project planned for the first phase
    (801) 850-5600
    Request Owner's contact information
    1950 N Loafer Mtn Pkwy W, Unit 10 Salem, UT 84653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1950 N Loafer Mtn Pkwy W, Unit 10 Salem, UT 84653
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