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    Salem, UT 84653

    For Sale
    $2,622,312

    COMMERCIAL - Salem, UT

    Lot size:
    3.01 Acres
    Days on Market:
    53
    Last Refresh:
    Dec 7 at 10:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    25-060-0054
    Lot size
    3.01 Acres

    KW Utah Realtors Keller Williams (801) 858-0000 [email protected]

    Listing agent Boyd B Brown (801) 858-0000

    Listing date Oct 16, 2025

    MLS# 2101317 Listing URL

    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

    Prime Commercial Land I-15 Exit

    This commercial land is located right off the I-15 Benjamin Exit into Salem, Utah. The site features frontage on Loafer Mountain Parkway and 17th North, which is currently under construction. A traffic report estimates 29,500 trips per day will be produced from the New Salem Masterplan. This location is suitable for commercial or retail development at the entrance of Salem, Woodland Hills, and Elk Ridge. Just south of New Salem will be the brand new Arrowhead Park, which will host 5 baseball/softball diamonds and soccer fields for large sporting events. New Salem is a large mixed-use masterplan with 1,900+ residential units planned. The zoning allows for C1, C2, and C3 commercial zoning to be utilized in the commercial/retail center. The property consists of 3.01 acres. Pads, with the exception of those sold, can be sized or subdivided to fit. The seller will deliver super pads to the buyer with perimeter roads installed and utilities stubbed to the lot. The buyer will be responsible for all onsite development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Salem
    County
    Utah
    State
    Utah
    Longitude
    -111.554
    Latitude
    39.9788

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic, ideal for retail development.
    Where is this commercial land located?
    The property is located at Salem, UT.
    What is the asking price?
    The asking price for this property is $2,622,312.
    What are key features of this property?
    This property features: - High traffic location: Estimated 29,500 trips per day.; - Prime location: Right off I-15 Benjamin Exit.; - Development Ready: Seller delivers super pads with perimeter roads and utilities stubbed to the lot.
    (801) 858-0000
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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
    Salem, UT 84653
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