Commercial
For Sale
$1,566,125
Salem, UT 84653, Salem, UT 84653
Land, Salem, UT
Property SizeContact for details
Lot Size1.32 Acres
Days on Market454
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
C1C2C3
Subdivision
NEW SALEM
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
Lot size
1.32 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
(801) 858-0000
Listed By:
Boyd B Brown
(801) 326-8886
Added: Jul 28, 2025
Changed: Oct 23
Last Checked: Oct 24 at 6:06AM
MLS# 2101305
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Investment Insights
Based on property information with market context.
This 1.32-acre commercial land offering is part of the New Salem master plan in Salem. Under the development agreement, C1, C2, and C3 zoning may be used within the commercial and retail center. Pad sites may be sized or subdivided, except for those already sold, and the seller will deliver super pads with perimeter roads installed and utilities stubbed to the lots. The buyer is responsible for on-site development. Natural gas is available, and public sewer serves the property.
The site has frontage on Loafer Mountain Parkway and 17th North, which is under construction, and is located near the I-15 Benjamin exit. The master plan calls for more than 1,900 residential units. A traffic report estimates 29,500 daily trips from the planned community. Arrowhead Park, planned just south of New Salem, is expected to include baseball and softball diamonds and soccer fields.
The site has frontage on Loafer Mountain Parkway and 17th North, which is under construction, and is located near the I-15 Benjamin exit. The master plan calls for more than 1,900 residential units. A traffic report estimates 29,500 daily trips from the planned community. Arrowhead Park, planned just south of New Salem, is expected to include baseball and softball diamonds and soccer fields.
Key Highlights
- 1.32 acres in the New Salem master plan
- Frontage on Loafer Mountain Parkway and 17th North, which is under construction
- C1, C2, and C3 commercial zoning allowed under the development agreement
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Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial zoning under the master plan accommodates a range of commercial center uses.
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 $1,566,125.
What are key features of this property?
This property features: 1.32 acres in the New Salem master plan; Frontage on Loafer Mountain Parkway and 17th North, which is under construction; C1, C2, and C3 commercial zoning allowed under the development agreement
