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Commercial Land with Parkway Frontage
For Sale
$1,176,120

Salem, UT 84653, Salem, UT 84653

Land, Salem, UT

Property SizeContact for details
Lot Size1.50 Acres
Days on Market445

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description C1C2C3
Subdivision NEW SALEM COMMERCIAL
Lot features Additional Land Available
Elementary school Salem
Middle school Salem Jr
High school Salem Hills
Elementary school district Nebo
Middle school district Nebo
High school district Nebo
Standard status Active
APN 47-439-0002
Lot size 1.50 Acres

Taxes and HOA fees

HOA Fee $1.00 Annually

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Listing Agency: KW Utah Realtors Keller Williams · Keller Williams Realty
Listed By: Boyd B Brown · License #5485199
Added: Jul 28, 2025 Changed: Aug 19 Last Checked: Oct 15 at 7:06PM
MLS# 2101317

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Investment Insights

Based on property information with market context.

This 1.5-acre commercial land offering is positioned within the New Salem master plan, where the development agreement supports C1, C2, and C3 commercial zoning. The site has frontage along Loafer Mountain Parkway and 17th North, with pads that may be sized or subdivided to fit. Seller delivery is planned with perimeter roads installed and utilities stubbed to the lot, while the buyer will handle onsite development.

The property is located near the I-15 Benjamin Exit into Salem. The surrounding New Salem master plan includes 1,900+ planned residential units, and Arrowhead Park is planned nearby with 5 baseball/softball diamonds and soccer fields. Public sewer and natural gas are identified for the property. Traffic projections associated with the New Salem master plan estimate 29,500 trips per day.

Key Highlights

  • 1.5 acres available for commercial development
  • Frontage on Loafer Mountain Parkway and 17th North
  • New Salem development agreement supports C1, C2, and C3 commercial zoning

Property Analytics

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Current Use

Commercial land

Lease Details

29,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 84653, UT

11,103
Population
3,235
Households
3.4
Avg Household Size
30
Median Age
41%
College-Educated
98%
High-School Grad
16.1 sq mi
ZIP Area
690
Density / Sq Mi
$111,420
Median Household Income
$48,182
Median Earnings
$1,581
Median Rent
$569,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with planned road access, public sewer, and natural gas availability near the I-15 Benjamin Exit.
Where is this commercial land located?
The property is located at 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: 1.5 acres available for commercial development; Frontage on Loafer Mountain Parkway and 17th North; New Salem development agreement supports C1, C2, and C3 commercial zoning
More about this property
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