Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    1940 Loafer Mtn Unit, Salem, UT 84653

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.1 ac (47,916 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1940 Loafer Mtn Unit?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message