Prime Commercial Land
Loafer Mountain Pkwy and SR 164, Salem, UT 84660
Commercial land with high traffic, ideal for retail development.
Type:Land, Office, Retail
Lot size:
3.00 Acres- Added:
- Feb 2, 2026
- Days on Market:
- 101
- Last Refresh:
- Mar 17 at 1:14 pm
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 agent Boyd Brown License #5485199-AB00
Listing office KW Commercial Keller Williams Salt Lake City
Listing date Feb 2, 2026
Source Crexi
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
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.
- Utilities and Infrastructure: Seller to deliver super pads with perimeter roads installed and utilities stubbed to the lot.
- Proximity to Arrowhead Park: Located just south of the brand new Arrowhead Park.
- Flexible Lot Size: Pads can be sized/subdivided to fit buyer needs.
Overview
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.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Utah
- State
- Utah
- Longitude
- -111.689
- Latitude
- 40.1192
Nearby Similar for Sale
FAQs
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 $2,622,312.
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.
