Commercial Land with Parkway
For Sale
$5,052,960
Salem, UT 84653, Salem, UT 84653
Land, Salem, UT
Property SizeContact for details
Lot Size5.80 Acres
Days on Market413
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
C1C2C3
Subdivision
NEW SALEM COMMERCIAL
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
Lot size
5.80 Acres
Listing Agency:
KW Utah Realtors Keller Williams · Keller Williams Realty
(801) 858-0000
Listed By:
Boyd B Brown · License #5485199
(801) 326-8886
Added: Jul 28, 2025
Changed: Aug 19
Last Checked: Sep 13 at 6:06PM
MLS# 2174784
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Investment Insights
Based on property information with market context.
This 5.8-acre commercial land offering is part of the New Salem master-planned development in Salem, Utah. Available pads can be sized or subdivided to accommodate different commercial or retail footprints. The development agreement supports C1, C2, and C3 commercial zoning within the center, while buyers are responsible for onsite development. Seller delivery includes super pads with perimeter roads installed and utilities stubbed to the lot.
The property fronts Loafer Mountain Parkway and 17th North, with 17th North currently under construction. It is positioned near the I-15 Benjamin Exit and at the entrance to Salem, Woodland Hills, and Elk Ridge. The surrounding plan includes more than 1,900 residential units, while the planned Arrowhead Park will include five baseball and softball diamonds along with soccer fields. A traffic report estimates 29,500 daily trips generated by the New Salem masterplan.
The property fronts Loafer Mountain Parkway and 17th North, with 17th North currently under construction. It is positioned near the I-15 Benjamin Exit and at the entrance to Salem, Woodland Hills, and Elk Ridge. The surrounding plan includes more than 1,900 residential units, while the planned Arrowhead Park will include five baseball and softball diamonds along with soccer fields. A traffic report estimates 29,500 daily trips generated by the New Salem masterplan.
Key Highlights
- 5.8 acres of commercial land in Salem, UT
- Frontage on Loafer Mountain Parkway and 17th North
- Near the I‑15 Benjamin Exit
Property Analytics
Current Use
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
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned development land with adaptable pad configurations and planned road and utility infrastructure.
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 $5,052,960.
What are key features of this property?
This property features: 5.8 acres of commercial land in Salem, UT; Frontage on Loafer Mountain Parkway and 17th North; Near the I‑15 Benjamin Exit
