1940 Loafer Mtn Unit Salem, UT 84653

This exceptional 1.1-acre commercial lot in Salem, UT, presents a unique investment opportunity. Ideally situated just a short distance from the Benjamin/Salem I-15 freeway on/off ramp, this buildable lot boasts unparalleled accessibility and visibility. Its prime location directly precedes a planned major grocery store anchor, ensuring high traffic volume. The lot features convenient frontage on the main road with a right-hand turn lane, further enhancing its appeal to businesses seeking optimal customer access. Priced competitively at $20 per square foot, this property offers significant value in a rapidly expanding area. Significant lot improvements are underway, adding to its attractiveness. This is one of the last undeveloped exits along the I-15 corridor, positioned at the first full-light intersection east of the freeway. The recently opened Loafer Mountain Parkway provides direct access to Salem City, Woodland Hills, Payson, and Elk Ridge, solidifying this location as a burgeoning commercial center in South Utah County. The property is perfectly suited for a drive-thru business, capitalizing on its high-traffic potential. This is part of a larger 17-acre commercial retail project, representing a first-mover advantage in a high-growth area. The site's strategic location and ongoing development make it an exceptional investment opportunity for businesses seeking a prominent presence in a thriving community. Further details and site visits can be arranged.