Prime Commercial Land
For Sale
Contact for pricing
Loafer Mountain Pkwy and SR 164, Salem, UT 84660
Commercial land with high traffic, ideal for retail development.
Property SizeContact for details
Lot Size3.00 Acres
Days on Market195
Property Features for Loafer Mountain Pkwy and SR 164
General Information
Standard status
Active
Lot size
3.00 Acres
Property subtype
Land, Office, Retail
Listing Agency:
KW Commercial Keller Williams Salt Lake City
Listed By:
Boyd Brown · License #5485199-AB00
Source:
Crexi
Added: Feb 2
Changed: Aug 8
Last Checked: Aug 15 at 5:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Keller Williams Salt Lake City
Investment Insights
Based on property information with market context.
Located right off the I-15 Benjamin Exit into Salem, this commercial land offers a prime opportunity for development. The site features frontage on Loafer Mountain Parkway, a main arterial road, and 17th North, which is currently under construction. A traffic report estimates 29,500 trips per day will be generated from the New Salem Masterplan. This location is ideal for commercial and retail businesses, situated at the entrance of Salem, Woodland Hills, and Elk Ridge. Just south of this location, the new Arrowhead Park is planned, which will host 5 baseball/softball diamonds and soccer fields for large sporting events. New Salem, a master-planned community in Salem, is strategically positioned on the corner of 8000 South (SR-164) and the newly completed Loafer Mountain Parkway. New Salem is a large mixed-use masterplan with over 1,900 residential units planned. The zoning, under the New Salem master plan with a development agreement, allows for C1, C2, and C3 commercial zoning to be utilized in the commercial/retail center. 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.
Key Highlights
- High Traffic Location: Located off I‑15 at the Benjamin Exit with frontage on Loafer Mountain Parkway and 17th North.
- Commercial/Retail Zoning: Zoned for C1, C2, and C3 commercial uses.
- Master‑Planned Community: Part of the New Salem master‑planned community with 1,900+ residential units planned.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 84660, UT
45,959
Population
13,162
Households
3.5
Avg Household Size
28
Median Age
38%
College-Educated
94%
High-School Grad
362.2 sq mi
ZIP Area
127
Density / Sq Mi
$98,398
Median Household Income
$40,509
Median Earnings
$1,393
Median Rent
$452,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
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 Loafer Mountain Pkwy and SR 164 Salem, UT.
What is the asking price?
The asking price for this property is $1,176,120.
What are key features of this property?
This property features: High Traffic Location: Located off I‑15 at the Benjamin Exit with frontage on Loafer Mountain Parkway and 17th North.; Commercial/Retail Zoning: Zoned for C1, C2, and C3 commercial uses.; Master‑Planned Community: Part of the New Salem master‑planned community with 1,900+ residential units planned.
