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Commercial Land with Parkway Frontage
For Sale
$1,442,707

Salem, UT 84653, Salem, UT 84653

Land, Salem, UT

Property SizeContact for details
Lot Size1.84 Acres
Days on Market422

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description C1C2C3
Subdivision NEW SALEM COMMERCIAL
Elementary school Salem
Middle school Salem Jr
High school Salem Hills
Elementary school district Nebo
Middle school district Nebo
High school district Nebo
Standard status Active
Lot size 1.84 Acres

Taxes and HOA fees

HOA Fee $1.00 Annually
Listing Agency: KW Utah Realtors Keller Williams · Keller Williams Realty
Listed By: Boyd B Brown · License #5485199
Added: Jul 28, 2025 Changed: Aug 19 Last Checked: Sep 22 at 6:06AM
MLS# 2101311

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Investment Insights

Based on property information with market context.

This 1.84-acre commercial land offering is positioned within the New Salem mixed-use master plan. The development agreement provides for C1, C2, and C3 commercial zoning in the commercial and retail center, with pads that can be sized or subdivided to fit. Seller delivery includes super pads, perimeter roads, and utilities stubbed to the lot; the buyer will complete onsite development.

The property fronts Loafer Mountain Parkway and 17th North, which is under construction, and sits near the Benjamin Exit of I-15. The site is located at the entrance to Salem, Woodland Hills, and Elk Ridge. The master plan includes more than 1,900 planned residential units, while nearby Arrowhead Park is planned with five baseball and softball diamonds and soccer fields. A traffic report estimates 29,500 daily trips generated by the New Salem master plan.

Key Highlights

  • 1.84‑acre commercial land offering within the New Salem mixed‑use master plan
  • Frontage on Loafer Mountain Parkway and 17th North, currently under construction
  • C1, C2, and C3 commercial zoning supported by the development agreement

Property Analytics

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Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 84653, UT

11,103
Population
3,235
Households
3.4
Avg Household Size
30
Median Age
41%
College-Educated
98%
High-School Grad
16.1 sq mi
ZIP Area
690
Density / Sq Mi
$111,420
Median Household Income
$48,182
Median Earnings
$1,581
Median Rent
$569,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial zoning supports retail and other commercial uses within the New Salem master plan.
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 $1,442,707.
What are key features of this property?
This property features: 1.84‑acre commercial land offering within the New Salem mixed‑use master plan; Frontage on Loafer Mountain Parkway and 17th North, currently under construction; C1, C2, and C3 commercial zoning supported by the development agreement
More about this property
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