1950 Loafer Mtn Salem, UT 84653

This exceptional 2.3-acre lot presents a unique investment opportunity within a rapidly developing commercial area along the I-15 corridor in Salem, Utah. Situated at one of the last undeveloped exits, this property is part of a larger 17-acre commercial retail project at the first full-light intersection east of the freeway. The site benefits from excellent visibility and accessibility, enhanced by the recently opened Loafer Mountain Parkway, a major artery connecting this location to Salem City, Woodland Hills, Payson, and Elk Ridge. This specific lot, designated as Lot 10, is ideally suited for hotel development, capitalizing on the high growth potential of this strategic location. The property's position within a planned commercial development ensures a synergistic environment, attracting significant foot traffic and enhancing the overall value proposition. This is a rare chance to secure a prime location in a thriving area experiencing substantial population growth and economic expansion. Further details on available pads within this exciting project can be found at www.NewSalemUT.com. The asking price for this exceptional hotel pad site is $1,503,300. Don't miss this chance to be part of a dynamic and rapidly expanding commercial hub in Utah County.